The Evidence Collection Stage of an Operational Audit Includes All

question 79

Multiple Choice

The evidence collection stage of an operational audit includes all the following activities except

• A)reviewing operational policies.
• B)establishing audit objectives.
• C)testing the accuracy of operating information.
• D)testing controls.

---

Definitions:

Foreign Aid

Economic, military, or technical assistance given by one nation to another for purposes of relief and rehabilitation, economic stabilization, or mutual defense.

Sanctions

Measures taken by countries or international bodies to punish or restrict other nations in order to effect change in their behavior, typically for political, military, or economic reasons.

Economic

Refers to the science that studies how goods and services are produced, distributed, and consumed.

Economic Assistance

Financial aid provided by countries or international institutions to support the economic development and welfare of disadvantaged regions or countries.