The Purpose of an Operational Audit Is To

question 49

Multiple Choice

The purpose of an operational audit is to:

• A)Determine the effectiveness of internal controls.
• B)Detect material misstatements in the company's financial statements.
• C)Provide assurance on fair presentation of company financial statements.
• D)Assess the economy, efficiency and effectiveness of resources and objectives.

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Definitions:

Kinesthetic Sense

The sense that detects bodily position, weight, or movement of the muscles, tendons, and joints, enabling physical coordination.

Intensity

The degree of strength, force, or level of energy in an activity, phenomenon, or a person's actions.

Pitch

In acoustics, pitch is the perceived frequency of a sound, determining how high or low a tone sounds.

Frequency

The frequency at which an event recurs within a given time frame.