Audits may be characterized as $($a$)$ financial statement audits, $($b$)$ compliance audits, $($c$)$ economy and efficiency audits, and $($d$)$ program results audits. The work can be done by independent $($external$)$ auditors, internal auditors, or governmental auditors $($including IRS auditors and federal bank examiners$).$ Following is a list of the purposes or products of various audit engagements:

Required:

For each of the engagements listed, indicate $(1)$ the type of audit $($financial statement, compliance, economy and efficiency, or program results$)$ and $(2)$ the type of auditors you would expect to be involved.

Analyze proprietary schools' spending to train students for low$-$demand occupations.