Take the following as truth: Auditors should report the scope of their testing of compliance with laws and regulations and of internal control over financial reporting, including whether or not the tests they performed provided sufficient evidence to support an opinion on compliance with laws and regulations or internal control over financial reporting and whether the auditors are providing such opinions.
Then the following statement: "Auditors are called in every three years for a medium sized company." is true, false, or inconclusive?
Answer: Inconclusive