Multiple Choice Questions: 1. A governmental audit may extend beyond an audit leading to the expression of an opinion on the faimess of financial presentation to include Program Economy & Compliance results Efficiency Yes Yes No b. Yes Yes Yes c. No Yes Yes d. Yes Not Yes 2. Operational Audits generally have been conducted by internal auditors and governmental agencies, but may be performed by certified public accountants. A primary purpose of an operational audit is to provide a. A means of assurance that internal controls are functioning as planned. b. Aid to the independent auditor, who is conducting the audit of the financial statements. c. The result of internal examinations of financial and accounting matters to a company's top-level management d. A measure of management performance in meeting organizational goals. 3. An attestation engagement is one in which a CPA is engaged to a. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party. 9