The financial auditing department examines organizational units for efficiency, effectiveness, and adequate controls.

Question

Quizplus · Accepted Answer

The financial auditing department primarily focuses on examining the accuracy of financial records and ensuring compliance with applicable laws and regulations, rather than assessing efficiency, effectiveness, and adequate controls of organizational units, which is more aligned with the objectives of performance or operational auditing.

The Financial Auditing Department Examines Organizational Units for Efficiency, Effectiveness