Which of the following audits can be regarded as generally being a compliance audit?
A)IRS agents' examinations of taxpayer returns
B)GAO auditor's evaluation of the computer operations of governmental units
C)An internal auditor's review of a company's payroll authorization procedures
D)A CPA firm's audit of a public company

Question

Quizplus · Accepted Answer

Compliance audits are designed to determine whether entities are following specific rules, regulations, or laws. IRS agents' examinations of taxpayer returns are compliance audits because they check if taxpayers are complying with tax laws.

Which of the Following Audits Can Be Regarded as Generally