The Audit Function Within Government Provides All of the Following

question 233

Multiple Choice

The audit function within government provides all of the following benefits EXCEPT:

• A) Prompt implementation of audit recommendations.
• B) The audit function helps keep governments accountable to the public by measuring adherence to established laws, regulations, and controls, and the effectiveness, economy, and efficiency of operations.
• C) The audit function provides objective assurance to oversight bodies about the reliability and credibility of financial and performance reports produced by management.
• D) Input from audits can help employees improve their overall job performance and adherence to establish controls.

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Definitions:

Johari Window

A psychological tool used to help people better understand their relationship with themselves and others, involving four quadrants that represent different aspects of self-knowledge.

Figure

A numerical or quantitative representation, often used in statistics or to illustrate data.

Maker

The party in a financial transaction responsible for creating or issuing a promissory note and promising to pay it.

Payee

The individual or entity to whom a payment is to be made or has been made.