Auditors General are responsible for auditing which types of organizations?
A)public companies with shares issued to investors
B)private companies that have loans outstanding to banks or other creditors
C)ministries,departments,agencies that report to Government
D)any organization that submits tax returns to the tax authorities

Question

Quizplus · Accepted Answer

Auditors General are responsible for auditing government entities such as ministries, departments, and agencies that report to the government. They provide independent assurance on the fairness and accuracy of financial statements and compliance with laws and regulations. They do not typically audit private companies or publicly traded companies, except in cases of specific engagements or investigations. Tax returns are also audited by tax authorities, not the Auditor General.

Auditors General Are Responsible for Auditing Which Types of Organizations