What Type of Auditing Helps Management to Improve Effectiveness, Efficiency

question 15

Multiple Choice

What type of auditing helps management to improve effectiveness, efficiency and economy?

• A)Functional auditing.
• B)Operational auditing.
• C)Financial statement auditing.
• D)Performance auditing.

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Definitions:

Personal Services

Services provided on a personal level, often involving direct person-to-person interaction or customized services catering to individual needs or preferences.

Connected Economy

An economic system characterized by the increased connectivity of people, businesses, and devices, facilitated by the internet and digital technologies.

Senior Managers

Are high-level executives who are responsible for overseeing the operations and strategic direction of a company or a significant part of it.

Virtually

Nearly or almost the same as being described, without being exactly that; or by means of virtual or online platforms.