Based on the auditor’s actions which of the following is most likely the objective of this engagement1?

An internal auditor accessed accounts payable records and extracted data related to fuel purchased tor the organization’s vehicles As a first step, she sorted the data by vehicle and used spreadsheet functions to identify all instances of refueling on the same or sequential dates She then performed other tests.

Based on the auditor’s actions which of the following is most likely the objective of this engagement1?
A . To identify whether fuel was purchased for work-related purposes
B. To estimate future fuel costs for the organization’s fleet of vehicles
C. To determine trends in average fuel consumption by vehicle
D. To determine whether the organization is paying more than the industry average for fuel

View Answer

Answer: C