When performing an operational audit, the internal audit team must first determine that
A) a financial audit has been performed by an independent auditor.
B) a financial audit has been performed by an internal auditor.
C) a review was performed by either an independent or an internal auditor.
D) specific criteria are developed to define effectiveness.

Question

Quizplus · Accepted Answer

When performing an operational audit, specific criteria must be developed to define the effectiveness of the operation being audited. This is an important step in order to have a basis for evaluating the performance and effectiveness of the operation being audited. The other options (A, B, and C) are not relevant to the first step in conducting an operational audit.

When Performing an Operational Audit, the Internal Audit Team Must