1) In the United States, an external auditor's opinion on a publicly-traded company's financial statements is included in the annual report that the company files with the SEC.

True

False

2) An operational plan is

	1.	three to five years.
	2.	less than one year.
	3.	one to three years.
	4.	seven to ten years.
	5.	five to seven years.

3) Internal auditors review all aspects of operations in search of improvement, as well as review the internal control structure to determine if they are operating as expected.

True

False