What type of audit ensures that a company's financial statements are prepared in accordance with established standards or regulations?

Practise this CRISC IT Risk Exam Prep question free, then download the PDF, watch the video walkthrough, or unlock timed mock exams for the full web bank.

Download PDF Watch video

Multiple choice — select the best answer

AInternal
BOperational
CForensic
DCompliance

✓ Correct answer: D. Compliance Compliance audits are performed to ensure that financial statements and other reports adhere to industry standards and governmental regulations. This is crucial for legal and ethical business operations.

.q-expl{display:block!important}.q-opt[data-idx="3"]{border-color:#16a34a;background:#f0fdf4}.q-opt[data-idx="3"] .oltr{background:#16a34a;color:#fff}.q-opt{cursor:default!important;pointer-events:none}

Keep practising. Use the free CRISC IT Risk Exam Prep PDF, watch the YouTube walkthrough, or unlock all 10 web questions with timed mock exams.

Free PDF Video walkthrough

Next → 🎲 Random question ↩ Back to all questions

Keep practising

What type of audit ensures that a company's financial statements are prepared in accordance with established standards or regulations?

Related questions

Free practice here. Timed mocks when you are ready.