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  3. which of the following would be a financial audit

Which of the following would be a financial audit (or a part of a financial...

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Accounting

Which of the following would be a financial audit (or a part of a financial audit) under the Government Auditing Standards?
Multiple Choice
An audit expressing an opinion on the basic financial statements of a state or local government audit.
An examination to determine whether purchasing procedures are appropriately designed to assure program supplies meet standards.
Both of the choices are correct.
Neither of the choices is correct.
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