Which of the following statements relating to internal and external auditors is correct? i. Internal auditors specialize in financial fraud and theft which are considered crime. ii. External auditors' scope of work should be determined by management of the company. iii. External auditors are trusted by government agencies, investors, and public. iv. Internal auditors maintain the internal control of the company and considered an in-house expert. a. i and iv b. ii and iii c. i and ii d. iii and iv

Q: ecutives would commit fraud and how understanding the motive for fraud can assist an auditor in the…

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A:

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A: The correct option is false as internal control has an objective to ensure financial reports with…

Q: type of the auditors

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A:

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A:

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A: Here is the Answer :

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A:

Fraud

Fraud in accounting is the planned manipulation of financial documents to make a false appearance of corporate financial health. Moreover, it includes an employee, accountant, or the company itself misleading investors and shareholders.