Why is it important to establish performance audit criteria?
A)They are a basis for communication with management.
B)They indicate the scope of the performance audit.
C)They are a basis for developing audit programs and questionnaires.
D)All of the given answers are correct.

Question

Quizplus · Accepted Answer

All of the given choices are correct. Establishing performance audit criteria is important as they serve as a basis for communication with management, indicating the scope of the performance audit, and developing audit programs and questionnaires.

Why Is It Important to Establish Performance Audit Criteria