Which of the Following Is Not Included in the Broad

question 50

Multiple Choice

Which of the following is not included in the broad category of assurance services?

• A) Operational audit.
• B) Reporting on internal control.
• C) Accounting or review services.
• D) Evaluation of the auditee's risk management framework.

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Definitions:

Profit Maximization

A business strategy aimed at generating the greatest possible profit, focusing on revenue enhancement and cost minimization.

Shareholders

Individuals or entities that own one or more shares of a company's stock, making them partial owners of the company.

CSR Initiative

A company's act of engaging in socially responsible activities, practices, and policies, aiming to have a positive impact on society, the environment, and stakeholders.

Renewable Energy

Energy derived from natural sources that are replenished at a faster rate than they are consumed, such as solar, wind, and hydro power.