A Typical Objective of an Operational Audit Is for the Auditor

question 44

Multiple Choice

A typical objective of an operational audit is for the auditor to:

• A)Determine whether the financial statements fairly present the entity's operations.
• B)Evaluate the feasibility of attaining the entity's operational objectives.
• C)Make recommendations for improving performance.
• D)Report on the entity's relative success in attaining profit maximization.

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Definitions:

HasNext

A method commonly used in iterators to check if there is another element in the collection being iterated over.

NextToken

A method commonly used in parsing operations to retrieve the next token (a sequence of characters) from a string or data stream.

GetNext

GetNext often refers to a method used in various programming contexts to retrieve the next element or item in a sequence or collection.

System.out

System.out in Java refers to the standard output stream, typically the console, which is used for outputting data to the user.