Which of the Following Is an Example of a Financial

question 49

Multiple Choice

Which of the following is an example of a financial audit?

• A)An audit of financial statements to determine if they are presented fairly in accordance with generally accepted accounting principles.
• B)An audit to determine whether the objectives of a new program are suitable and relevant and whether the entity has complied with laws and regulations that may have a material effect on the financial statements.
• C)An audit of the financial report on the Noxious Weed Special Revenue Fund to determine whether the entity has complied with specific financial-related requirements.
• D)An audit to determine whether an entity is acquiring its resources economically and efficiently.