Below are different types of audits: I.compliance audit.
II)financial report audit.
III)internal audit.
IV)performance audit.
Which combination of these types of audits can be collectively integrated and described as a comprehensive audit?
A)I, II and III only.
B)I, II and IV only.
C)I, III and IV only.
D)II, III and IV only.

Question

Quizplus · Accepted Answer

A comprehensive audit typically includes aspects of financial reporting, compliance with laws and regulations, and the evaluation of the entity's performance and operations. This encompasses financial report audits (II), compliance audits (I), and performance audits (IV), making option B the correct combination.

Below Are Different Types of Audits: I.compliance Audit