An examination of part of an organization's procedures and methods for the purpose of evaluating efficiency and effectiveness is what type of audit?
A) operational audit
B) compliance audit
C) financial statement audit
D) production audit

Question

Quizplus · Accepted Answer

An operational audit focuses on the examination of an organization's procedures and methods for the purpose of evaluating efficiency and effectiveness. It covers topics such as how well resources are being utilized, whether or not goals are being met, and how well different departments are working together. This type of audit can help improve the overall functioning of an organization. Compliance audits, financial statement audits, and production audits all focus on different areas of an organization and have different goals.

An Examination of Part of an Organization's Procedures and Methods