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The primary difference between operational engagements and financial engagements is that, in the former, internal auditors:

Question 4 options:

Are not concerned with the client generating generally accepted accounting principles (GAAP) compliant information.

Are seeking to help management use resources in the most effective manner possible.

Start with the financial statements and work backward to the basic processes involved in producing them.

Can use analytical skills and tools that are not necessary in financial engagements.

Sagot :

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