Final answer:
The results of compliance audits are generally reported to the company's management, not widely to outside users A) True. to help rectify deficiencies and maintain regulatory compliance.
Step-by-step explanation:
The statement that results of compliance audits are typically reported to the company's management rather than to a broad spectrum of outside users is A) True. Compliance audits are conducted to ensure that a company is adhering to the rules and regulations pertinent to its business. The findings of these audits are primarily used by management to improve internal controls, rectify any deficiencies, and maintain regulatory compliance. While some of the results might be shared with external parties like regulators, the detailed findings are usually kept within the organization.