Typical Objectives of a Performance Audit Include

question 4

Multiple Choice

Typical objectives of a performance audit include:

• A) Determining whether financial statements fairly present the entity's operational results.
• B) Judging the appropriateness of an entity's program goals.
• C) Determining whether financial statements fairly present in conformity with GAAP.
• D) Assessing effectiveness and results, economy and efficiency, and internal controls.

---

Definitions:

Stock Chart

A graphical representation of a stock's price movements over a specific time frame, used by traders and investors to make informed decisions.

Surface Chart

A type of chart used to display three-dimensional data in two dimensions, using contours or colors to represent values along a surface.

Manipulating The Scale

Adjusting the scale on graphs or measurements to emphasize particular aspects of data.

Two-Dimensional Charts

Visual representations of data in two dimensions, commonly used to compare sets of data and illustrate relationships between them.