Which of the following statements is TRUE?
A) External auditors, the third line of defense, evaluate systems for internal control deficiencies.
B) External auditors, the second line of defense, monitor internal controls.
C) External auditors provide additional assurance outside the three lines of defense.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

External auditors provide an independent assessment of an organization's financial statements and internal controls, offering assurance beyond the internal mechanisms of governance, risk management, and control processes, which are encompassed within the three lines of defense model.

Which of the Following Statements Is TRUE