Which of the following statements is incorrect about GAO standards pertaining to performance audits?
A) The GAO mandates that programs be audited annually by accounting trained professionals
B) Performance audits are normally carried out by internal audit departments
C) Performance audits focus on specific programs
D) The GAO does not specify when and how often a program, must be audited
Correct Answer:
Verified
Q11: Performance audits may be conducted by staff
Q12: Which of the following is not reported
Q13: Performance audits are most commonly conducted by
Q14: The purpose of this is to avoid
Q15: The Sarbanes-Oxley Act has had no impact
Q17: In reporting the results of a performance
Q18: Agencies that provide funds to governments may
Q19: Performance audits are intended to determine whether
Q20: Which of the following is not a
Q21: Which of the following is a Yellow
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