Which of the Following Groups Would NOT Be Involved in a Performance

question 87

Multiple Choice

Which of the following groups would NOT be involved in a performance audit?

• A) public accounting firms
• B) government auditors
• C) internal auditors
• D) none of the above

---

Definitions:

Fixed

Refers to costs or expenses that do not change in proportion to the level of activity or production volume, such as rent or salaries.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to individual units of production, calculated before the production process begins.

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.