Certified Texas Contract Manager Practice Exam

Fieldwork occurs during the second phase of post-payment audits. This phase is critical because it involves the collection and examination of evidence to verify that payments made for contract-related services or goods are justified and compliant with the contract terms. During this stage, auditors will often conduct site visits, gather documents, interview personnel, and perform other activities to assess the accuracy of the transactions in question. In the initial phase, processes such as planning and risk assessment take place, but actual fieldwork does not begin until the second phase. Subsequent phases focus on reporting and follow-up, which do not involve the on-site work characteristic of field audits.