Which of the following is not a similarity between external and internal auditors?
A. Both must be independent of the company.
B. Both must be competent.
C. Both follow a similar methodology in performing their audits.
D. Both consider risk and materiality deciding the extent of their tests and evaluating results.
Answer:A
Which of the following is not a similarity between external and internal auditors?
A. Both must be independent of the company. B. Both must be competent. C. Both follow a similar methodology in performing their audits. D. Both consider risk and materiality deciding the extent of their tests and evaluating results.