10 Questions
Which type of audit focuses on evaluating organizational activities and achieving objectives?
Operational audit
What is the primary source of evidence in an operational audit?
Operational policies
When might a business perform an operational audit?
When operational improvements are needed
Which type of audit focuses on evaluating management policies?
Management audit
What does an operations audit evaluate?
Internal controls
Which type of audit primarily uses operational policies and achievements as sources of evidence?
Operational Audit
What is the focus of an operational audit?
Effectiveness and efficiency of operational policies
When might a business perform an operational audit?
When senior management believes operational improvements can be made
Which type of audit focuses on evaluating management policies?
Management Audit
What is the primary focus of a financial audit?
Effectiveness and efficiency of financial information
Test your knowledge on operational auditing with this quiz. Learn about the key concepts and processes involved in conducting operational audits, including evaluating operational policies, achievements, internal controls, and efficiencies.
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