An evaluation conducted by one organization of another organization is referred to as a(n)
A)external audit.
B)management audit.
C)internal audit.
D)accounting audit.
E)budget audit.

Question

Quizplus · Accepted Answer

An external audit is conducted by an independent organization to evaluate the financial statements and processes of another organization. This can include an evaluation of financial records, internal controls, and adherence to laws and regulations. The other options (management audit, internal audit, accounting audit, and budget audit) all refer to evaluations conducted by individuals or teams within the organization being reviewed.

An Evaluation Conducted by One Organization of Another Organization Is