Question: The primary difference between operational auditing and financial auditing is that in operational auditing a. The operational auditor is not concerned with whether the audited

The primary difference between operational auditing and financial auditing is that in operational auditing

a. The operational auditor is not concerned with whether the audited activity is generating information in compliance with financial accounting standards.

b. The operational auditor is seeking to help management use resources in the most effective manner possible.

c. The operational auditor starts with the financial statements of an activity being audited and works backward to the basic processes involved in producing them.

d. The operational auditor can use analytical skills and tools that are not necessary in financial auditing.


Step by Step Solution

3.35 Rating (173 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Incorrect This is not the primary objective of an operational audit ... View full answer

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

Document Format (1 attachment)

Word file Icon

332-B-A-A-A-N (1526).docx

120 KBs Word File

Students Have Also Explored These Related Auditing Questions!