An auditor is concerned that her company's purchasing process is not functioning as efficiently as possible.Which type of audit will best address her concern?
A)Financial
B)Operational
C)Management
D)Purchasing

Question

Quizplus · Accepted Answer

An operational audit focuses on evaluating the effectiveness and efficiency of specific processes, such as purchasing. It is designed to identify areas where improvements can be made and to ensure that the process is functioning as effectively as possible. A financial audit focuses on the accuracy of financial statements, a management audit evaluates the effectiveness of management policies and procedures, and a purchasing audit specifically focuses on the purchasing process, but may not provide the same level of overall evaluation as an operational audit.

An Auditor Is Concerned That Her Company's Purchasing Process Is