What is the main concern of performance auditing?
A)Compliance with relevant laws and regulations.
B)Probity.
C)Financial report attest auditing.
D)Efficiency, economy and effectiveness.

Question

Quizplus · Accepted Answer

Performance auditing focuses on evaluating the efficiency, economy, and effectiveness of an organization's programs, activities, and operations. This type of audit is concerned with determining whether the organization is achieving its objectives and goals in an efficient and effective manner while maintaining economic operations. Compliance with laws and regulations, probity, and financial report attest auditing are important audit concerns but not the main focus of performance auditing.

What Is the Main Concern of Performance Auditing