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Which of the following statement is TRUE? a. Assurance engagements should involve appropriate subject matter for example the International Accounting Standards b. An assurance engagement

Which of the following statement is TRUE?

a.

Assurance engagements should involve appropriate subject matter for example the International Accounting Standards

b.

An assurance engagement need not involve an engagement letter agreeing terms.

c.

The objective of internal auditors is to review the routine activities and makes decisions for management.

d.

External auditors are outside parties whose reports are used by both shareholders and stakeholders

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