Match Seven of the Terms (A-O) with the Descriptions/definitions Provided

question 18

Short Answer

Match seven of the terms (a-o) with the descriptions/definitions provided below (1-7):
a. Compliance audit
b. Economy and efficiency audit
c. Effectiveness
d. Efficiency
e. Functional audit
f. Government Auditing Standards
g. Government audit
h. Institute of Internal Auditors
i. Operational auditing
j. Organizational audit
k. Program audit
l. Single Audit Act
m. Special assignment
n. IIA Practice Standards
o. Statements on Internal Auditing Standards
________ 1. The official title of the Yellow Book.
________ 2. A management request for an operational audit for a specific purpose, such as investigating the possibility of fraud in a division or making recommendations for reducing the cost of a manufactured product.
________ 3. A government audit to determine whether an entity is acquiring, protecting, and using its resources economically and efficiently and whether the entity has complied with laws and regulations concerning such matters.
________ 4. The degree to which the organization's objectives are accomplished.
________ 5. The review of an organization for efficiency and effectiveness.
________ 6. Federal legislation that provides for a single coordinated audit to satisfy the audit requirements of all federal funding agencies.
________ 7. Statements issued by the Internal Auditing Standards Board of the IIA to provide authoritative interpretation of the IIA Practice Standards.

---

Definitions:

Exponential Notation

A mathematical way to write numbers using bases and exponents.

Arithmetic Operations

Basic mathematical processes including addition, subtraction, multiplication, and division.

Exponential Notation

A way to express numbers in terms of a base and an exponent, simplifying how very large or very small values are represented.

Arithmetic Operations

Essential arithmetic operations, namely addition, subtraction, multiplication, and division.