In _____ auditing, an outside certified public accountant (CPA) verifies the records and financial statements of a company-usually once a year.
A) financial
B) internal
C) employee-performance
D) personnel

Question

Quizplus · Accepted Answer

Financial auditing involves an external CPA verifying a company's financial records and statements, usually on an annual basis. Internal auditing, on the other hand, is conducted by employees of the company to assess risk management, compliance, and operational efficiency. Employee-performance and personnel auditing are not common types of auditing.

In _____ Auditing, an Outside Certified Public Accountant (CPA) Verifies