ACC_413 Study guides, Class notes & Summaries
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ACC_413_PREQUIZZES
- Exam (elaborations) • 47 pages • 2023
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In a broad sense, society benefits from internal auditing because internal auditing: 
a.	Enforces corporate compliance with the standards of public policy 
b.	Promotes the efficient and effective use of resources. 
c.	Evaluates financial data against professional standards 
d.	Reviews systems established to ensure compliance with corporate policy. 
 
Under what circumstances would an internal auditor be required to forfeit the CIA designation? 
a.	Upon leaving the internal auditing profession. 
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