Public sector audits differ from those of commercial businesses in which of the following ways?
A) The auditor is not required to be independent.
B) The auditor reports to outside agencies as well as management of the organization.
C) Auditor do not use sampling.
D) All of the above.

Question

Quizplus · Accepted Answer

Public sector audits differ from commercial business audits in that the auditor must report to both management of the organization and outside agencies such as the government, while commercial business auditors only report to management. Options A and C are incorrect because auditors in both public sector and commercial businesses are required to be independent and use sampling techniques.

Public Sector Audits Differ from Those of Commercial Businesses in Which