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Question: In accounting, which type of audit is conducted by an independent firm or organization outside of the company? A) Internal audit B) External audit C) Compliance audit D) Operational audit

Question: In accounting, which type of audit is conducted by an independent firm or organization outside of the company? A) Internal audit B) External audit C) Compliance audit D) Operational audit

Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 7RQSC: Professional guidance indicates that the auditor should consider revenue recognition to be high risk...
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Question: In accounting, which type of audit is conducted by an independent firm or organization outside of the company? A) Internal audit B) External audit C) Compliance audit D) Operational audit
Transcribed Image Text:Question: In accounting, which type of audit is conducted by an independent firm or organization outside of the company? A) Internal audit B) External audit C) Compliance audit D) Operational audit
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