Which Type of Audit Assesses Employee Compliance with Management Policies

question 106

Multiple Choice

Which type of audit assesses employee compliance with management policies and procedures?

• A)External audit.
• B)Internal audit.
• C)Compliance audit.
• D)Operational audit.

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Definitions:

Environmentally Sound

Practices or operations that have a minimal negative impact on the environment, promoting sustainability.

Lease Rate

The cost of leasing or renting a particular asset, property, or equipment, usually expressed as a payment amount per time period.

Sale And Leaseback

A transaction where a company sells an asset and leases it back from the buyer, providing liquidity while retaining the asset's use.

Lessee

A lessee is a person or entity who rents land or property from a lessor under the terms of a lease agreement.