I think an independent auditor might consider the procedures performed by the internal auditors because their work must be reviewed during substantive testing.
Definitely, they're trying to make sure we understand the whole picture when it comes to the relationship between internal and external auditors. I think B is the clearest answer, but the other options are good distractors to test our depth of knowledge.
Haha, yeah option D is a bit of a curveball. Trying to slip in that independence angle. I guess the exam writer is trying to see if we're really thinking about all the nuances here.
Yeah, I'm leaning towards B as well. The other options seem a bit more tangential. Although I do like how option D sneaks in the concept of the internal auditors' independence, which is an important factor.
I'd say the wording is fairly straightforward. Option B seems like the most direct answer - the independent auditor would consider the work of internal auditors because they can potentially rely on it, as long as it's deemed reliable.
I agree, this seems like a pretty standard question. But I'm curious to hear what others think - do you think the wording of the options is tricky or is it pretty clear-cut?
I think this is a straightforward question testing our understanding of the role of internal auditors in an independent audit. The key points are about the independence and reliability of internal auditors' work.
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