Performance Audits,as Defined in the GAO's Governmental Auditing Standards

Multiple Choice

Performance audits,as defined in the GAO's Governmental Auditing Standards

A) Provide a basis for an auditor's opinion as to whether the entity is acquiring,protecting,and using its resources economically and efficiently.
B) Provide assurance that operations are in compliance with all applicable laws and regulations that may have a material effect on the financial statements.
C) Provide assurance or conclusions based on an evaluation of evidence regarding program effectiveness,economy,and efficiency; internal control compliance,and prospective analyses.D) Are always performed by the internal audit staff to assist the entity's independent auditor.