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2. (Types of audits and auditors) After performing an audit, the audi 1. The financial statements of a corporation are presented fairly. 2. A

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2. (Types of audits and auditors) After performing an audit, the audi 1. The financial statements of a corporation are presented fairly. 2. A company's receiving department is inefficient. 3. A company's tax return does not conform with IRS regulations. Craumes u 4. A government supply depot is not meeting planned program objectives. 5. The financial statements of a physician are properly prepared on a cash basis. 6. A foreman is not carrying out his assigned responsibilities. 7. The IRS is in violation of an established government employment practice. 8. A company is meeting the terms of a government contract. 9. A municipality's financial statements correctly show actual cash receipts and dis- bursements. 10. The postal service in midtown is inefficient. 11. A company is meeting the terms of a bond contract. 12. A department is not meeting the company's prescribed policies concerning overtime work. REQUIRED a. Indicate the type of audit that is involved: (1) financial, (2) compliance, or (3) opera- tional. b. Identify the type of auditor that is involved: (1) independent, (2) internal, (3) govern- ment-GAO, or (4) government-IRS. c. Identify the primary recipient(s) of the audit report: stockholders, management, Con- gress, and so on. Use the following format for your answers: Type of Audit Type of Auditor(s) Primary Recipient(s)

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