Question 1
List the three purposes of a program audit.
Question 2
Match seven of the terms (a-o) with the descriptions/definitions provided below (1-7).
| b. | economy and efficiency audit |
| f. | Government Auditing Standards |
| h. | Institute of Internal Auditors |
| o. | Statements on Internal Auditing Standards |
________ 1. the official title of the Yellow Book
________ 2. a management request for an operational audit for a specific purpose, such as investigating the possibility of fraud in a division or making recommendations for reducing the cost of a manufactured product
________ 3. a government audit to determine whether an entity is acquiring, protecting, and using its resources economically and efficiently and whether the entity has complied with laws and regulations concerning such matters
________ 4. the degree to which the organization's objectives are accomplished
________ 5. the review of an organization for efficiency and effectiveness
________ 6. federal legislation that provides for a single coordinated audit to satisfy the audit requirements of all federal funding agencies
________ 7. statements issued by the Internal Auditing Standards Board of the Institute of Internal Auditors (IIA) to provide authoritative interpretation of the Institute of Internal Auditors' Practice Standards
English and Dani basic color terms.
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