Which of the following is mostly concerned with the benefits derived from the expenditure of funds?
A)Operational auditing.
B)Performance auditing.
C)Management auditing.
D)Financial statement auditing.

Question

Quizplus · Accepted Answer

Performance auditing is mostly concerned with the benefits derived from the expenditure of funds. This type of audit evaluates the efficiency and effectiveness of government programs, operations, and activities. It focuses on whether the program is achieving its intended goals and objectives, and whether the benefits outweigh the costs. Operational auditing evaluates the internal controls and processes of an organization, management auditing focuses on management practices and decision-making, and financial statement auditing examines the accuracy and completeness of financial statements. None of these audits are primarily concerned with the benefits derived from the expenditure of funds.

Which of the Following Is Mostly Concerned with the Benefits