Question: You're a performance auditor and your team is tasked with auditing the investment management function of the Treasurer's Office of a local government in your

You're a performance auditor and your team is tasked with auditing the investment management function of the Treasurer's Office of a local government in your state. The Treasurer's Office is responsible for managing and investing the government's cash before it needs to be dispersed to pay bills. Discuss how you would approach the audit -- e.g., potential audit objectives, types of evidence you might seek to obtain, etc. What are some of the major concerns you might have when beginning the audit

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