Which statement is correct regarding the
relationship between internal auditing and
the external auditor?
a. Some judgments relating to the audit of
the financial statements are those of the
internal auditor.
b. The external audit function's objectives
vary according to management's
requirements.
c. Certain aspects of internal auditing
may be useful in determining the
nature, timing and extent of
external audit procedures.
d. The external auditor is responsible for
the audit opinion expressed, however
that responsibility may be reduced by
any use made of internal auditing
relationship between internal auditing and
the external auditor?
a. Some judgments relating to the audit of
the financial statements are those of the
internal auditor.
b. The external audit function's objectives
vary according to management's
requirements.
c. Certain aspects of internal auditing
may be useful in determining the
nature, timing and extent of
external audit procedures.
d. The external auditor is responsible for
the audit opinion expressed, however
that responsibility may be reduced by
any use made of internal auditing