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Refer to the exhibit.
Both internal and external audits can be performed on the financial statements of a company. The results of the audits have different purposes and different reporting lines.
Which of the following combinations is correct?
Suggested Answer: C
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11 comments · newest first
SO
Sophia
12 months ago
Just a reminder, external audits are usually required by law.
EV
Evelynn
12 months ago
I think option B is the right choice here.
FI
Fidelia
1 year ago
Wait, are we sure about the reporting lines? Seems a bit confusing.
CA
Carmela
1 year ago
Totally agree, the purposes are definitely different!
BO
Bok
1 year ago
Internal audits focus on compliance, while external audits are for stakeholders.
CA
Carmen
1 year ago
I think internal audits report to management while external audits go to shareholders, but I need to double-check that before answering.
LY
Lyla
1 year ago
I feel like I should know this, but I keep mixing up the roles of internal and external auditors. I hope I can remember the right combination!
DO
Dorothea
1 year ago
This question seems similar to one we practiced about audit purposes. I think external audits are more about compliance, but I can't recall the exact reporting structure.
LU
Ludivina
1 year ago
I remember we discussed the differences between internal and external audits, but I'm not sure which reporting lines apply to each.
RE
Rebbecca
1 year ago
Hmm, this seems straightforward. I just need to figure out the correct URL to use for the external redirection.
LE
Leota
1 year ago
Okay, I've got this. The service desk should work closely with support and development teams, not remain isolated. The other options don't sound right. I'll select A.