Distinguish among the following types of operational audits: functional, organizational, and special assignment. State an example of

Question:

Distinguish among the following types of operational audits: functional, organizational, and special assignment. State an example of each for a not-for-profit hospital.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

See More Books

Question Posted: Oct 10, 2012 07:08 AM

See More Questions

Distinguish between the following types of performance audit: functional, organisational and special assignment. Give an example of each for a public hospital.
Distinguish among the following three risks: risk-free interest rate, business risk, and information risk. Which one or ones does the auditor reduce by per-forming an audit?
Distinguish between the following types of current period supporting schedules and state the purpose of each: analysis, trial balance, and tests of reasonableness.
Identify the implied strategies that correspond with the Department of Veterans Affairs Healthcare System High Matrix Score on SWOT quadran that they might look like at your HSO. Also explain why...
Let P be an orthogonal matrix. (a) Give 2 2 examples of P such that det P = 1 and det P = -1. (b) If P is n n and det P (-1)n, show that I - P has no inverse.
The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate is 1.3950. The six month USD interest rate is 1% per annum continuously compounded. Estimate the six...
Describe various principles identified in the medical code of ethics.
Steady-state temperatures at selected nodal points of the symmetrical section of a flow channel are known to be T2 = 95.47C, T3 = 117.3C, T5 = 79.79C, T6 = 77.29C, T8 = 87.28C, and T10 = 77.65C. The...
Carla Vista Inc. has beginning work in process $30,300, direct materials used $283,200, direct labor $259.600, total manufacturing overhead $212,400, and ending work in process $37,000. What are the...
Allie has bought a new apple orchard. The orchard has a single file of trees, numbered from 1 to N. Each tree has a certail number of ripe apples. Allie has a rule she wants to follow. She wants to...
Distinguish between efficiency and effectiveness in operational audits. State one example of an operational audit explaining efficiency and another explaining effectiveness.
Explain why many people think of internal auditors as the primary group responsible for conducting operational audits.
What thrust does a 200 g model rocket need in order to have a vertical acceleration of 10 m/s 2 a. On earth? b. On the moon, where g = 1.62 m/s 2 ?
How do pool car operators function? They negotiate a referential rate per 1 0 0 lb They negotiate a fixed rate with the railroads and consolidate small shipments into full boxcar loads They negotiate...
Solve the equation. Check the solution. 10z 16-3z+2=0
What does the research evidence show about the use of high - performance work practices within organizations?
Find the domain of the function. 72 f(x) = x -9x-22 What is the domain of f? (Type your answer in interval notation.)
Let f(x) = -4x-1, g(x) = x - 4, h(x) = - x) = x-2 3 Find (hog of)(2).
In many applications, new data sets are incrementally added to the existing large data sets. Thus, an important consideration is whether a measure can be computed efficiently in an incremental...
Decades after the event, Johnson & Johnson (J&J), the 130-year-old American multinational, is still praised for swiftly The company indicated that its response was based on the expectations set forth...
Non-minimum phase transfer function is defined as the transfer function 1. which has zeros in the right-half of $s$ plane. 2. which has zeros only in the left-half of $s$ plane. 3. which has...
The Mobile Home Manufacturing Company is audited by the public accounting firm Rossi and Montgomery. Mobile Home has decided to issue stock to the public and wants Rossi and Montgomery to perform all...
Cheng,, a recently qualified PA, has been assigned by his firm, Liu & Liu LLP, to serve as the senior auditor in charge of the fieldwork on a new audit engagement. The client is a medium-sized credit...
As a professional in the practice of giving advice, Jim knew when he had to ask questions, too. He called a lawyer friend of the family who owned a cleaning business at the other end of the country...
Match the statements to the protocols * faster more reliable used for sending data TCP UDP both
1. Should managers try to maximize market value of equity or to maximize the accounting value of equity in the balance sheet? Why? 2. What is your understanding of the relationship between risk and...
How much risk is appropriate for a government-run annuity system? Is there an appropriate risk-return calculation to be made? Is Social Security risk free? What about political risk?

Distinguish among the following types of operational audits: functional, organizational, and special assignment. State an example of

Question:

Step by Step Answer:

The following are the distinctions between the three kinds of operational audits and an examp...View the full answer

Auditing and Assurance services an integrated approach

Students also viewed these Auditing questions