Which of the following is not an example of a compliance audit?

A.

Is the company paying the minimum wage rates required by state laws?

B.

The accounting personnel at the Chinese subsidiary following the financial statement preparation procedures prescribed in writing by the corporate controller.

C.

Is the computerized processing of payroll at the Indian subsidiary operating effectively and efficiently?

D.

Determine if a company is meeting the financial covenants of a loan agreement with its lenders.