P Flag questionWhy is auditing a multinational corporation potentiallymore difficult than auditing on entity that has onlydomestic operations?Select onea. Cultural differenceb. Multiple set of accounting standardC. All of the aboved. Language differenceNext page

Auditing in domestic entities is simple and easy in comparison to the auditing in multinational…

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Why is auditing a multinational corporation potentially more difficult than auditing on entity that has only domestic operations?

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor

Section: Chapter Questions

Problem 29CYBK

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