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35. Performance audits, as defined in the GAO’s Governmental Auditing StandardsA) Provide a basis for an auditor’s opinion as to whether the entity is acquiring, protectingand using its resources economically and efficiently.B) Provide assurance that operations are in compliance with all applicable laws andregulations that may have a material effect on the financial statements.C) Include determining whether or the extent to which government officials are efficiently,economically, and effectively carrying out their responsibilities.D) Are performed by the internal audit staff to assist the entity’s independent auditor.
Performance audits, as defined in the GAO’s Governmental Auditing StandardsA) provide a basis for an auditor’s opinion as to whether the entity is acquiring, protectingand using its resources…
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