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Chap 1 Blackboard Question - An operational audit is used...

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An operational audit is used to examine and evaluate specific activities and how they contribute to the overall growth of a company. They are used to determine whether the internal controls of the business, such as policies and procedures, are sufficient to produce an optimum level of efficiency and effectiveness. Some examples of an operational audit would be: 1. Reviewing and evaluating the efficiency of the manufacturing process 2. Reviewing the sales invoicing process to determine if it could be done more efficiently 3. Reviewing cash receipts process to determine if they are deposited as
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