None An audit designed to study a unit of an organization for the purpose of measuring its performance is referred to as:Multiple Choicean operational audit.a performance audit.a compliance audit.a financial statement audit.

Why other options are incorrect: Operational Audit: Operational audits use a more comprehensive…

Answered: An audit designed to study a unit of an…

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter1: Auditing: Integral To The Economy

Section: Chapter Questions

Problem 4TFQ

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Similar questions

An examination of part of an organization's procedures and methods for the purpose of evaluating efficiency and effectiveness is what type of audit Select one: a. compliance audit b. operational audit c. financial statement audit d. production audit
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distinguish efficiency and effectiveness in operation audit performed by an internal auditor
Assess the value of an organization's internal audit function to its overall success.
An audit plan is : a. The blueprint for conducting the audit and accomplishing the audit objectives. b. The flowchart for conducting the audit and accomplishing the audit objectives. c. The footprint for conducting the audit and accomplishing the audit objectives. d. The gannchart for conducting the audit and accomplishing the audit objectives.
Which of the following audit is a continuous process ? Risk Management Internal Audit Balance Sheet Preparation External Audit
Evaluate the contribution of the internal audit function to the effective running of an organization.
Which of the following is the major purpose of performing analytical procedures in internal audits? a. To perform additional audit procedures. b. To plan the audit engagement. c. To obtain audit evidence. d. To study relationships among elements of information.
A review of how an organization’s management and its operating procedures are functioning with respect to their effectiveness and efficiency in meeting stated objectives. a. External Audit b. Operational Audit c. Cash Audit d. Internal Audit
Justify the purpose of performing a financial statement audit and an internal control audit.
Describe the audits and auditors ingovernmental, internal, and operationalauditing.
Using your selected objective, create an audit plan of the organization's financial statements that address the following, with support each with appropriate auditing standards. 1. Business Risks 2. Management Assertions 3. Audit Risk 4. Internal control and effect on audit procedures

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An audit designed to study a unit of an organization for the purpose of measuring its performance is referred to as: Multiple Choice an operational audit. a performance audit. a compliance audit. a financial statement audit.