Multiple Choice
Which of the following would be a financial audit (or a part of a financial audit) under the Government Auditing Standards?
A) An audit expressing an opinion on the basic financial statements of a state or local government audit.
B) An examination to determine whether purchasing procedures are appropriately designed to assure program supplies meet standards.
C) Both of the above
D) Neither of the above
Correct Answer:
Verified
Correct Answer:
Verified
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