Typical Objectives of a Performance Audit Include

question 48

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 and compliance with laws and regulations.

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Definitions:

Haptic Technologies

Technologies that create an experience of touch by applying forces, vibrations, or motions to the user, often used in virtual reality and gaming interfaces.

Business

The practice of making one's living by engaging in commerce, trade, or services.

Written Channels

Forms of communication that involve the use of written language to convey messages, such as emails, letters, reports, and social media posts.

Advantages

The beneficial aspects or superiorities that one option has over another.