Matching
Match seven of the terms (a-o)with the descriptions/definitions provided below (1-7):
Premises:
Statements issued by the Internal Auditing Standards Board of the IIA to provide authoritative interpretation of the IIA Practice Standards.
The review of an organization for efficiency and effectiveness.
The official title of the Yellow Book.
Federal legislation that provides for a single coordinated audit to satisfy the audit requirements of all federal funding agencies.
The degree to which the organization's objectives are accomplished.
A government audit to determine whether an entity is acquiring protecting and using its resources economically and efficiently and whether the entity has complied with laws and regulations concerning such matters.
A management request for an operational audit for a specific purpose such as investigating the possibility of fraud in a division or making recommendations for reducing the cost of a manufactured product.
Responses:
Effectiveness
IIA Practice Standards
Institute of Internal Auditors
Functional audit
Organizational audit
Government audit
Statements on Internal Auditing Standards
Economy and efficiency audit
Special assignment
Operational auditing
Program audit
Single Audit Act
Compliance audit
Government Auditing Standards
Efficiency
Correct Answer:
Premises:
Responses:
Effectiveness
IIA Practice Standards
Institute of Internal Auditors
Functional audit
Organizational audit
Government audit
Statements on Internal Auditing Standards
Economy and efficiency audit
Special assignment
Operational auditing
Program audit
Single Audit Act
Compliance audit
Government Auditing Standards
Efficiency
Premises:
Effectiveness
IIA Practice Standards
Institute of Internal Auditors
Functional audit
Organizational audit
Government audit
Statements on Internal Auditing Standards
Economy and efficiency audit
Special assignment
Operational auditing
Program audit
Single Audit Act
Compliance audit
Government Auditing Standards
Efficiency
Responses:
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