18. Which of the following best describes the operational audit? a. A review report that provides limited assurance about whether financial statements are fairly stated in accordance with U.S. GAAP. b. A report indicating whether a governmental entity has complied with certain government regulations. C. An evaluation of the effectiveness of key measures used to assess an entity's success in achieving specific targets linked to an entity's strategic plan and vision. d. All of the above. e. None of the above. (2 Points) a b e 22. Which of the following is not an example of uncertainties that might be emphasised in an emphasis of a matter paragraph? a) Internal control deficiencies. a) The description of accounting matters that affecting the comparability of financial statements with those of previous years and material uncertainties disclosed in the footnotes b) Important accounting matters occurring subsequent to the balance sheet date. c) The existence of material related party transactions. (2 Points) a b d 3. When all required disclosures about sales and receivables have been made, this indicates the assertion of: a. Accuracy b. Accuracy and valuation Classification and understandability C. d. Completeness e. Classification (2 Points) a b C d e