Question: C. True or False (1 point x 5) 1) Detection of frauds and errors is not an objective of an audit. 2) Charity Organisations do

C. True or False (1 point x 5) 1) Detection of

C. True or False (1 point x 5) 1) Detection of frauds and errors is not an objective of an audit. 2) Charity Organisations do not need audit. 3) Ability to maintain secrets is one of the most important qualities of an auditor. 4) In terms of reliability internal audit is more reliable as compared to external. 5) Mistake is done with plan and intention as opposed to fraud which has no intention involved

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