The process of performing an external audit needs to include:
A) only top level managers, as it's a planning function.
B) as many managers and employees as possible.
C) primarily front-line supervisors
D) between 15 to 20 managers for it to be valid
E) stockholders and external government agencies

Question

Quizplus · Accepted Answer

To perform an external audit effectively, it is important to gather insights from as many managers and employees as possible who have the relevant knowledge and experience. This will help in identifying areas of improvement and making necessary changes for the continued success of the organization. Involving too few people or only top-level managers may result in a narrow perspective that might not represent the entire organization. Front-line supervisors may not have sufficient expertise to provide meaningful input, while involving stockholders and external government agencies is not necessary for every external audit.

The Process of Performing an External Audit Needs to Include