In a Performance Audit of a Not-For-Profit Organization, Procedures That

question 32

Multiple Choice

In a performance audit of a not-for-profit organization, procedures that auditors would follow to gain an understanding of management controls would NOT include

• A) Reviewing policy manuals.
• B) Sending questionnaires to clients.
• C) Discussing controls with employees.
• D) Flowcharting appropriate systems.

---

Definitions:

Crater

A bowl-shaped depression or cavity on the surface of the Earth, moon, or other celestial body, typically formed by volcanic activity or meteorite impact.

Scalding Hot Ash

Extremely hot volcanic ash and gas emissions ejected during an eruption, capable of causing burns and destruction.

Ice and Snow

Frozen forms of water, with ice being a solid state and snow being a form of precipitation composed of ice crystals.

Liquid Water

The liquid phase of water, which is vital for all known forms of life.