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Questions and Answers
What is the primary focus of this chapter in auditing operations?
What is a common aspect of various types of operations?
What is an essential consideration when conducting operations?
What is implied about other types of operations beyond production and manufacturing?
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What is the primary focus of planning and production control in a production/manufacturing environment?
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What is the purpose of monitoring actual progress and use of production facilities?
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What is a key risk and control issue in the production/manufacturing environment?
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What is the primary goal of control objectives in planning and production control?
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What is the focus of the Standard Audit Programme Guides (SAPGs) mentioned in the chapter?
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Study Notes
Auditing Operations and Resource Management
- This chapter focuses on operational auditing in production and manufacturing, but the concepts can be applied to other types of operations, such as service provision and retailing.
- Common aspects of operations include identifying requirements, allocating resources, ensuring safety, efficiency, and compliance with regulations.
Components of a Production/Manufacturing Environment
- Planning and production control
- Facilities, plant, and equipment
- Personnel
- Materials and energy
- Quality control
- Safety
- Environmental issues
- Law and regulatory compliance
- Maintenance
Control Objectives and Risk and Control Issues
Planning and Production Control
- Ensure accurate determination, authorisation, communication, and planning of production and manufacturing requirements
- Monitor progress and detect problems, shortfalls, and delays
- Ensure the required quantity of products is manufactured and accounted for
- Conform to quality standards and monitor defect rates
- Minimise disruption of production due to machine breakdown, inexperienced staff, and raw material shortages
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Description
This quiz covers the operational auditing aspects of production and manufacturing, including the provision of specific services to customers. It focuses on the auditing dimensions of operations in general. Test your knowledge of auditing operations and resource management!
