Performance audits focus on what?

• A. To review only financial statements
• B. To assess achievement of objectives and identify weaknesses
• C. To audit patient medical records for errors
• D. To audit IT systems

Answer: (B)

Performance audits are about evaluating how well a program or activity achieves its stated objectives and where weaknesses or inefficiencies limit success. They look at effectiveness—whether goals are met—and efficiency/economy—whether resources are used well. The goal is to identify problems and opportunities for improvement, with actionable recommendations. This focus distinguishes performance audits from other types of audits that target financial statements, patient medical records, or IT systems, which concentrate on financial accuracy, clinical documentation, or technology controls, respectively.