A MULTIPLE CHOICE-Circle the HET Independent questions. (15 Marks) 1) Internal auditors b) are employees of the Canada Revenue Age a) are hired by CPA firms to audit business firm, O anies in tax retums. c) evaluate the system of inter companies Me Canada Revenue Agency who evaluate the internal controls of d) car e system of internal controls for the companies that employ them aluate the system of internal controls of the company that employ they are not independent 2) A company that sells goods to customers is known as a a) proprietorship. b) corporation c) merchandising company. d) service company. 3) If goods in transit are shipped FOB destination, a) the seller has legal title to the goods until they are delivered. b) the buyer has legal title to the goods when a public carrier accepts the goods from the seller. c) the buyer is responsible for paying the shipping charges. d) no one has legal title to the goods until they are delivered. 4) The retailer considers VISA and MasterCard sales as a) cash sales. b) promissory sales. c) credit sales. d) contingent sales