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Title: Which of the following isnotone of the major differences between financial and operational auditing?
Post by: Noar on Aug 1, 2022
Which of the following is not one of the major differences between financial and operational auditing?

▸ The financial audit is oriented to the past, but an operational audit concerns performance for the future.

▸ The financial audit report has widespread distribution, but the operational audit report has limited distribution.

▸ Financial audits deal with the information on the financial statements, but operational audits are concerned with the information in the ledgers.

▸ Financial audits are limited to matters that directly affect the fairness of the financial statement presentation, but operational audits cover any aspect of efficiency and effectiveness.


Title: Which of the following isnotone of the major differences between financial and operational auditing?
Post by: Hlh13 on Aug 1, 2022
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