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  3. the company being audited has an internal auditor

The company being audited has an internal auditor who is both competent and objective. The...

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Accounting

The company being audited has an internal auditor who is both competent and objective. The independent auditor wants to assign tasks for the internal auditor to perform. Under these circumstances, the independent
auditor may:
Multiple Choice
not assign any task to the internal auditor because of the internal auditor's lack of independence.
allow the internal auditor to audit a major subsidiary of the company.
allow the internal auditor to perform certain tests of internal controls.
allow the internal auditor to perform analytical procedures but not be involved with any tests of details.
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