One Objective of an Operational Audit Is to

question 62

Multiple Choice

One objective of an operational audit is to

• A) determine whether the financial statements fairly present the entity's operations.
• B) determine if the auditee is in compliance with GAAP.
• C) make recommendations for improving performance.
• D) report on the entity's relative success in attaining profit maximization.

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Definitions:

Motivator Factors

In the job content are sources of job satisfaction.

Job Enrichment

Enhancing a job by adding more meaningful tasks and duties to make it more rewarding and satisfying.

Acquired Needs Theory

a psychological theory that suggests human needs are developed over time based on life experiences.

Motivator-hygiene Theory

A theory stating that certain factors in the workplace cause job satisfaction (motivators), while a separate set of factors cause dissatisfaction (hygiene factors).