Question

Question While performing an operations audit in a supplier's wholesale 15 outlets, an internal auditor comments favorably on a calendar provided free to favored customers illustrated with the Answer saved organization's products. The department manager offers the auditor several calendars to keep and distribute in the auditor's Marked out of 1.00 office. Which of the following responses best reflects the Standard's views of objectivity? PFlag question Select one: Oa. The auditor must refuse the gift and report the offer to the audit committee. b. The auditor may accept the gift with no required disclosure. c. The auditor should refuse the gift and warn the client against any future attempts to curry favor with the internal audit activity d The auditor may accent the gift but must immediately

Answer 1

Objectivity means auditor should base his / her unbiased opinion on the financial statements of a business entity on facts.

To form an unbiased opinion, an auditor should not accept any gifts from the client.

Therefore, Option C is the correct answer.