One objective of an operational audit is to:
A. determine whether the financial statements fairly present the entity's operations.
B. determine if the auditee is in compliance with GAAP.
C. make recommendations for improving performance.
D. report on the entity's relative success in attaining profit maximization.
Answer:C
One objective of an operational audit is to:
A. determine whether the financial statements fairly present the entity's operations. B. determine if the auditee is in compliance with GAAP. C. make recommendations for improving performance. D. report on the entity's relative success in attaining profit maximization.