Question: 1. Modified True/False There are 30 statements below. If they are true, then write the word true in the space provided. If the statement is

1. Modified True/False There are 30 statements below. If they are "true", then write the word "true" in the space provided. If the statement is false, you must change the statement, so that it is becomes "true". Only half- credit will be given, if you do not correct the false statement. (30 questions, 2 points each, 60 points total). 16. An internal auditor is a professional staff member of the independent auditing firm. 17. The Sarbanes-Oxley Act of 2002 requires companies providing auditing services of a companies financial statements to also provide an audit of internal control. 18. An IRS Field Audit of a taxpayers's Form 1040 is a specialized audit called an operational audit. 19. In end-user computing, data collection is stored centrally on-the-cloud. 20. When auditing a firm with an integrated computer system it is important to c data on separate files. 2

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