Question: Performance audits differ from financial audits in that a . The GAO's general standards do not apply to performance audits b . In conducting performance

Performance audits differ from financial audits in that
a. The GAO's "general standards" do not apply to performance audits
b. In conducting performance audits, the auditors do not necessarily attest to assertions of management
c. The auditors need not issue a formal report setting forth their findings
d. The main focus should be on activities that satisfy the criteria of Circular A-133 as "major programs"
 Performance audits differ from financial audits in that a. The GAO's

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!