Which type of auditor would typically perform an operational

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Problem 1. Which of the following is true?

a. The criteria for any audit (an operational audit or a financial audit) are GAAP

b. Both external and internal auditors can provide management advice to the company

c. A financial audit is designed to determine if the company is acquiring resources at the lowest cost

d. External auditors may perform operational audits and internal auditors may perform financial audits

Problem 2. Which type of auditor would typically perform an operational audit?

a. External auditor

b. Governmental auditor

c. Internal auditor

d. Both B and C

Reference no: EM132776814

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