Question 18 Answer saved Marked out of 1.00 An internal auditor reports directly to the board of directors. The auditor discovered a material cash shortage. When questioned, the person responsible explained that the cash was used to cover sizable medical expenses for a child and agreed to replace the funds. Because of the corrective action, the internal auditor did not inform management. In this instance, the auditor Flag question Select one: a does not have organizational independence but has objectivity b. has organizational independence, but not objectivity. c. has both organizational independence and objectivity. d. does not have either organizational independence or objectivity