Before a performance audit for effectiveness can be performed, there must be:
A) a financial audit by an independent auditor.
B) a review performed by either an independent or an internal auditor.
C) a financial audit by an internal auditor.
D) specific criteria developed to define effectiveness.

Question

Quizplus · Accepted Answer

In order to perform a performance audit for effectiveness, specific criteria must be developed to define what effectiveness looks like in the particular area being audited. A financial audit is not necessary for this type of audit, although a review by an independent or internal auditor may provide helpful information.

Before a Performance Audit for Effectiveness Can Be Performed, There