Describe the Difference Between a Budget Audit and a Performance

question 38

Essay

Describe the difference between a budget audit and a performance audit.A budget audit provides information about where the organization is with respect to what was planned or budgeted for,whereas a performance audit might try to determine if the figures reported are a true reflection of actual performance.Hard;Comprehension

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Definitions:

Oprah Winfrey

An influential American media executive, actress, talk show host, television producer, and philanthropist, known for her talk show "The Oprah Winfrey Show."

Tutsi Genocide

The mass slaughter of Tutsi in Rwanda by members of the Hutu majority government in 1994, resulting in the deaths of hundreds of thousands of Tutsi and moderate Hutu.

International Community

A term referring to the collective groups of nations or states and their governments, organizations, and people interacting on a global scale.

Rwanda

A landlocked country located in East Africa, known for its intense history, including the 1994 genocide against the Tutsi, and for its extensive recovery efforts and economic growth.