Internal auditing can affect the scope of the
external auditor's audit of financial
statements by
a. Decreasing the external auditor's
need to perform detailed tests
b. Eliminating the need to observe the
physical inventory taking.
c. Allowing the external auditor to limit
his/her audit to the performance of
substantive test procedures.
d. Limiting direct testing by the external
auditor to management assertions not
directly tested by internal auditing.
external auditor's audit of financial
statements by
a. Decreasing the external auditor's
need to perform detailed tests
b. Eliminating the need to observe the
physical inventory taking.
c. Allowing the external auditor to limit
his/her audit to the performance of
substantive test procedures.
d. Limiting direct testing by the external
auditor to management assertions not
directly tested by internal auditing.