Compliance Audit Session 1

Compliance auditing may be conducted…

• A. As a separate audit

• B. In relation with the FS audit

• C. In combination with performance audit

• D. All of the above

It refers to the information, condition or activity that is measured or evaluated against the suitable criteria.

• A. Authorities

• B. Subject matter

• C. Criteria

It refers to benchmarks used to evaluate or measure the subject matter consistently and reasonably.

• A. Authorities

• B. Subject matter

• C. Criteria

It is a level of assurance in which conclusion is in positive form.

• A. Reasonable Assurance

• B. Limited Assurance

It is the type of engagement in which the auditor evaluates the actual condition and is responsible for preparing the subject matter information.

• A. Attestation

• B. Direct Reporting