Question

Internal audits are also called _____ audits. a. transactional b. management c. competitive d. human resource...

Internal audits are also called _____ audits.

a.

transactional
b.

management
c.

competitive
d.

human resource
e.

federal
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Answer #1

Option "B" is correct.

Transactional Audit is an audit is a process to evaluate whether an organization is achieving its objectives effectively, and doing so economically and efficiently, in compliance with all relevant legislation.

Management Audit is a systematic examination of decisions and actions of the management to analyse the performance.

A competitive audit helps you track where your competitors are and what makes them more visible online.

HR audit is a tool to judge organisations performance and effectiveness of HR management.

Federal Audit distribute single audit reporting packages to federal agencies. Support OMB oversight and assessment of federal award audit requirements.

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