Appendix B - Audit Opinion

The following definitions are used to classify the ranking of recommendations and the audit opinion presented in this report.

Well controlled

Only insignificant weaknesses relating to the control objectives or sound management of the audited activity are identified.

Generally acceptable

Identified weaknesses when taken individually or together are not significant or compensating mechanisms are in place. The control objectives or sound management of the audited activity are not compromised.

Requires improvement

Identified weaknesses, when taken individually or together, are significant and may compromise the control objectives or sound management of the audited activity.

Unsatisfactory

The resources allocated to the audited activity are managed without due regard to most of the criteria for efficiency, effectiveness and economy.