PracticeQuiz content is free on an ad-supported model.

Unfortunately, we can't support ad blocker usage because of the impact on our servers. If you'd like to continue, please disable your ad blocker and reload page.

Reload page

CPA Accountant Review Questions

Category - Specialized Forensic Knowledge

Start a Study Session Sign up for Question of the Day

Why are internal auditors of a company barred from auditing the financial statements?

To accommodate external auditors
To prevent internal auditors from auditing financial information he/she prepared
Internal auditors can be unreliable
It is cost-effective

Explanation

Answer: B - Internal auditors of a company are barred from auditing the financial statements he/she prepared. Doing so can be problematic if he/she contributed to the preparation of financial information.

Previous Next

Was this helpful? Upvote!

Start a Study Session Sign up for Question of the Day

CPA Accountant Review Questions

Top questions

Related questions

Most popular on PracticeQuiz

Ad-Blocker not supported

CPA Accountant Review Questions

Top questions

Related questions

Most popular on PracticeQuiz