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From the options given below find the reason/s to regulate the inefficiency in accounting profession a. Regulation is used to mitigate the potential impact of this inefficiency on the economy b. All the options c. Regulation seeks to ensure that accounting services are of the right quality d. Regulation is used to mitigate the potential impact of this inefficiency on the society e Next page A performance evaluation process which aims to protect public sector agencies is called a. Value for Money Auditing b. Public Sector auditing c. Internal Auditing d. Environment Auditing N ge Next page ncements Jump to CDP Audit and control 1 DE From the following options identify a statement which is appropriate connotation of the term fraud? a. Error committed by an inexperienced accountant b. None of the options c. Deliberately making false statement to deceive others ed. Unintentionally making false statement Next je