Which of the following best describes the operational audit? (1) It requires the constant review by internal
Question:
Which of the following best describes the operational audit?
(1) It requires the constant review by internal auditors of the administrative controls as they relate to the operations of the company.
(2) It concentrates on implementing financial and accounting control in a newly organized company.
(3) It attempts and is designed to verify the fair presentation of a company’s results of operations.
(4) It concentrates on seeking aspects of operations in which waste could be reduced by the introduction of controls.
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Operational audit is a series of steps the auditors take to evaluate the operational activity ...View the full answer
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Related Book For 
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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