Which of the following is not part of a financial audit?
A) Forming judgments about internal controls.
B) Testing compliance with laws and regulations.
C) Assessing the degree to which program objectives have been met.
D) All of the above.

Question

Quizplus · Accepted Answer

Assessing the degree to which program objectives have been met is not part of a financial audit. The other options (forming judgments about internal controls and testing compliance with laws and regulations) are both commonly included in financial audits.

Which of the Following Is Not Part of a Financial