If an auditor wishes to rely on the work of internal auditors (IA), the auditor must obtain satisfactory evidence related to the IA's competence, integrity, and objectivity

In general, the size of a work group should be only large enough to achieve ______.

A. an efficient division of labor B. social loafing C. an orderly flow of communication D. friendship among the members

An agency cannot be set up to terminate upon the occurrence of an event outside the control of

the agent or principal. Indicate whether the statement is true or false