A(n) ________ is an evaluation conducted by one organization of another organization.
A) external audit
B) market control
C) clan control
D) budget
E) activity-based costing

Question

Quizplus · Accepted Answer

An external audit is specifically conducted by one organization (the auditor) on another organization (the auditee) to evaluate the auditee's financial records, accounting practices, and compliance with laws and regulations. The other options, such as market control or clan control, do not involve an evaluation by one organization of another organization.

A(n) ________ Is an Evaluation Conducted by One Organization of Another