Read the following scenario and answer the question listed below: Hanlon Corp. maintains a large internal audit staff that reports directly to the chief financial officer. Audit reports prepared by the internal auditors indicate that the system is functioning as it should and that the accounting records are reliable. Questions: Assuming that you are appointed as an independent external auditor of Hanlon Corporation, will you trust the reports prepared by the internal auditor? Why or why not? Justify. (3 marks) 1 A- GO