External auditing is an independent appraisal function established within an organization to examine and evaluate its activities as a service to the organization.

The given statement is False.

Explanation:

In the following statement, There is Internal auditing, not External auditing because It is the appraisal method that is independent which settled inside the organization to analyze and check out its activities for the company or an organization for the service. So, that's why the following statement is False.