Which of the following is not a difference between operational auditing and financial auditing?
A. Both must be performed by a CPA.
B. Operational audit reports are usually of a restricted distribution while financial audit reports are widely distributed.
C. Operational audits often cover nonfinancial issues while financial audits do not.
D. None of the above is a difference.
Answer:A
Which of the following is not a difference between operational auditing and financial auditing?
A. Both must be performed by a CPA. B. Operational audit reports are usually of a restricted distribution while financial audit reports are widely distributed. C. Operational audits often cover nonfinancial issues while financial audits do not. D. None of the above is a difference.