Which of the Following Is Not a Purpose of a Program

question 67

Multiple Choice

Which of the following is not a purpose of a program audit as performed by government auditors?

• A)Determination of the extent to which the desired results established by the legislature are being achieved
• B)Determination of the causes of inefficiencies in sponsored programs
• C)Determination of the effectiveness of organizations, programs and activities
• D)Determination as to whether the entity has complied with laws and regulations applicable to the program

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Definitions:

Investing Activities

Transactions that involve the purchase or sale of long-term assets and investments are considered investing activities.

Non-current Assets

Non-current assets are long-term resources owned by a company, expected to provide economic benefits beyond one year, such as property, plant, and equipment (PP&E), and intangible assets.

Direct Method

A cash flow statement presentation that lists major categories of gross cash receipts and payments.

Cost of Goods Sold

The direct expenses tied to the production of goods sold by a company, including material, labor, and overhead costs, directly affecting gross profit.