To perform an external audit, a company first must
A) get an approval from the Securities and Exchange Commission.
B) perform an internal audit.
C) gather competitive intelligence and information about external trends.
D) hire a consultant to develop a comprehensive strategic plan.
E) create a budget.

Question

Quizplus · Accepted Answer

An external audit involves gathering information about external trends and competitive intelligence to understand the external environment affecting the company.

To Perform an External Audit, a Company First Must