medium
Single Answer
0Joe is an auditor who is on the staff of an organization that employs him to audit their own practices. What type of audit does Joe perform?
Answer Options
A
Internal
B
Regulatory
C
External
D
Compliance
Correct Answer: A
Explanation
Without more information about the specific audits that Joe conducts, all we know is that he is an internal auditor. As an employee of the company that he is working for, he is con- sidered an internal auditor. External audits are conducted by third parties. Regulatory audits assess compliance with laws, whereas compliance audits may look at laws or other compli- ance targets.