Question 1 1 Point Which of the following statements is true about compliance audit? Review of income tax returns of a corporation to determine which tax laws are applicable. Reporting to the authority that established rules, regulations, and procedures, either internal or external to the auditee. An internal auditor's review of a company's payroll authorization procedures. Reporting to the management of the company as well as to the different groups and outside entities. 1 Point Question 2 What type of service is being done by an auditor in which he advices management on how to improve the effectiveness of its advertising policies in promoting the company's products suggesting the launching of new online campaigns? Audit. B) Attestation Other Assurance D) Non-Assurance Question 3 1 Point Which of the following statements is not true about the audit of financial statements which is the main responsibility of CPAS? It is performed by internal auditors for management. It is never performed by Rs. It is performed occasionally by GAO. None of the above Question 4 1 Point Which of the following services performed by the auditor is not classified as an operational audit? A The auditor evaluates the promptness of materials inspection in a manufacturer's receiving department. The auditor assesses whether the sales personnel conduct sales to customers according to the industry's prescribed quality standards B The auditor evaluates a company's payroll processing for economy according to the predetermined budget. None of the above