Audit evaluates the wisdom behind the decisions.

Compliance Audit

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Financial Audit

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Propriety Audit

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Solution

The correct option is C Propriety Audit
Propriety Audit checks the wisdom and reasoning behind the decisions.

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Similar questions

Q. Audit is the examination of Accounts to check reasoning behind decisions

Q. Decision-making is a complex process involving _________, ________, intelligence, wisdom and ability to judge.

Q. When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the ___________________.

Managers have to take several decisions in a day, but the best decision is to use available resources in a cost effctive manner. Identify the approach behind this decision.

Q. ____________ is an evaluation and analysis of the business operation conducted by the internal audit staff.

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Audit evaluates the wisdom behind the decisions.

The correct option is C Propriety Audit Propriety Audit checks the wisdom and reasoning behind the decisions.

The correct option is C Propriety Audit
Propriety Audit checks the wisdom and reasoning behind the decisions.