A company is either audited by the GAO or internal auditors, but not both.

Question

Quizplus · Accepted Answer

A company can be audited by both the GAO and internal auditors. The GAO is a government agency that conducts audits of government programs and activities, while internal auditors are employees of the company who assess its internal controls and financial reporting. Both types of audits serve different purposes and can provide valuable insights for the company.

A Company Is Either Audited by the GAO or Internal