Question: (CO A) Which statement is false? Accounting is the language of business, and internal controls set the ethical standards that govern business activities. The internal

(CO A) Which statement is false?

Accounting is the language of business, and internal controls set the ethical standards that govern business activities.

The internal auditor's standard states that the auditor must consider the possibility of material irregularities or noncompliance during an internal audit.

Tests of controls are always effective in detecting fraud.

The internal auditor's competency framework does not stress technical accounting knowledge.

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