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 Institute of Internal Auditors (IIA) to provide authoritative interpretation of the Institute of Internal Auditors' Practice Standards
federal legislation that provides for a single coordinated audit to satisfy the audit requirements of all federal funding agencies
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
the review of an organization for efficiency and effectiveness
the official title of the Yellow Book
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
the degree to which the organization's objectives are accomplished
Responses:
economy and efficiency audit
program audit
IIA Practice Standards
efficiency
government audit
functional audit
organizational audit
Government Auditing Standards
Statements on Internal Auditing Standards
Institute of Internal Auditors
effectiveness
compliance audit
operational auditing
Single Audit Act
special assignment
Correct Answer:
Premises:
Responses:
economy and efficiency audit
program audit
IIA Practice Standards
efficiency
government audit
functional audit
organizational audit
Government Auditing Standards
Statements on Internal Auditing Standards
Institute of Internal Auditors
effectiveness
compliance audit
operational auditing
Single Audit Act
special assignment
Premises:
economy and efficiency audit
program audit
IIA Practice Standards
efficiency
government audit
functional audit
organizational audit
Government Auditing Standards
Statements on Internal Auditing Standards
Institute of Internal Auditors
effectiveness
compliance audit
operational auditing
Single Audit Act
special assignment
Responses:
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