Question: 1. Discuss the similarities and differences between financial statement audits, operational audits, and compliance audits. Give an example of each type 2. Discuss how each

1. Discuss the similarities and differences between financial statement audits, operational audits, and compliance audits. Give an example of each type

2. Discuss how each of the following influences the persuasiveness of evidence: Relevance; Independence of provider; Effectiveness of clients internal controls; Auditors direct knowledge; Degree of objectivity

3. Discuss three major differences between operational and financial auditing.

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