Free Preparation Discussions
MENU
AGA GFMC Exam - Topic 1 Question 13 Discussion
Topic #: 1
A state agency has begun a pilot program with a community action agency for a community-based approach to provide services to underserved areas. A review after the first year compared the number of families served by both agencies and identified efficiencies reached by having community involvement. What type of engagement was used to review the pilot program?
Type of Engagement for Reviewing Pilot Programs:
A performance audit evaluates the effectiveness, efficiency, and economy of programs or operations.
In this case, the review of the pilot program assessed the number of families served and the efficiencies achieved through community involvement, which aligns with performance auditing objectives.
Explanation of Answer Choices:
A . Financial audit: Focuses on the accuracy of financial statements, not program effectiveness or efficiency.
B . Single audit: Focuses on compliance with federal grant requirements, not program evaluation.
C . Performance audit: Correct. This type of audit reviews program outcomes and operational efficiencies.
D . Attestation: Provides assurance on specific subject matter but does not evaluate program performance.
GAO, Government Auditing Standards (Yellow Book).
Association of Government Accountants (AGA), Performance Auditing Best Practices.
Currently there are no comments in this discussion, be the first to comment!