All of the Following Are Differences Between Private Sector Auditing

question 37

Multiple Choice

All of the following are differences between private sector auditing and governmental auditing except:

• A) The public availability of audit reports.
• B) Testing of compliance with laws and regulations.
• C) Governmental audits require auditor knowledge of government accounting and auditing.
• D) All of the above are differences between private sector auditing and governmental auditing.

---

Definitions:

Secretion

The process by which substances are produced and discharged from cells or glands for a particular function in the organism.

Epithelial

Pertaining to the epithelium, the layer of cells covering internal and external surfaces of the body, including skin, glands, and digestive tract lining.

Electrical Impulses

Signals transmitted by neurons and other cells to communicate information within the body.

Neurons

Electrically excitable cells that process and transmit information through electrical and chemical signals in the nervous system.