II0-001 · Question #174
All of the following are methods of auditing except:
The correct answer is C. Thorough audit. "Thorough audit" (C) is not a recognized method of auditing - it describes the quality or depth of an audit, not a distinct type, making it the odd one out. Internal audits are conducted by an organization's own staff to evaluate internal controls and processes. External audits…
Question
All of the following are methods of auditing except:
Options
- AInternal audit
- BExternal audit
- CThorough audit
- D3rd party audit
How the community answered
(38 responses)- A13% (5)
- B5% (2)
- C79% (30)
- D3% (1)
Explanation
"Thorough audit" (C) is not a recognized method of auditing - it describes the quality or depth of an audit, not a distinct type, making it the odd one out. Internal audits are conducted by an organization's own staff to evaluate internal controls and processes. External audits are performed by independent auditors outside the organization, typically to verify financial statements. Third-party audits involve an independent body assessing conformance to standards (e.g., ISO certifications), distinct from the direct relationship between auditor and auditee.
Memory tip: Think of auditing types by who does it - Internal (insiders), External (outsiders), 3rd party (independent certifiers). "Thorough" answers how well an audit is done, not who does it - so it doesn't belong in this category.
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