Question $1(10$ points$)$

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Saved

Government Auditing Standards must be adhered to in all financial audits of$$

Question $1$ options:

State and local governments

All of the above

Federally chartered banks

Federal agencies

Question $2(10$ points$)$

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Government Auditing Standards characterizes government engagements into which of the following three categories?

Question $2$ options:

Financial audits, operational audits, and performance audits

Financial audits, attest engagements, and performance audits$$

Financial audits, compliance audits, and performance audits

Financial audits, efficiency and effectiveness audits, and compliance audits$$

Question $3(10$ points$)$

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Which of the following is least likely to impair the independence of a county auditor?

Question $3$ options:

His responsibilities include preparing the county's ACFR

He is appointed by the county$$ manager and reports to the manager

He receives an annual bonus only in years in which the county has a surplus, not a deficit

He is elected by the citizen