A Self-Administered Audit Is an Alternative to the Traditional Third-Party

A self-administered audit is an alternative to the traditional third-party audit. Which one of the following is NOT true?

A) The company gathering the data, analysing the data using various indicators and producing the results on which it is to be evaluated, is the same company undertaking the audit
B) To ensure a minimum level of credibility, the audit of a particular item is undertaken by someone independent of that particular item
C) Once the audit has been completed, the findings are disclosed and corrective actions are undertaken, necessarily leading to a continuous improvement scenario
D) This alternative auditing is very pricy