A typical objective of an operational audit is to determine whether an entity's
A) internal control is adequately operating as designed.
B) financial statements present fairly the results of operations.
C) specific operating units are functioning efficiently and effectively.
D) operational information is in accordance with generally accepted government auditing standards.

Question

Quizplus · Accepted Answer

The primary objective of an operational audit is to evaluate and improve the efficiency and effectiveness of an entity's operations, with a focus on specific operating units. While internal control is an important aspect of the audit, it is not the primary objective. Additionally, operational audits typically do not address the fairness of financial statements or compliance with auditing standards.

A Typical Objective of an Operational Audit Is to Determine