Which statement about operational auditing is NOT true?

Operational auditing is a process primarily focused on evaluating the efficiency, effectiveness, and economy of operations. It extends far beyond merely assessing financial accuracy; it encompasses a broader scope that includes evaluating managerial performance and the achievement of operational objectives. This is why stating that its purpose is limited to financial accuracy is inaccurate.

The primary aim of operational auditing is to help organizations improve their operations and achieve their objectives. It analyzes processes, encourages improvements, and identifies areas where management can enhance efficiency or profitability, which aligns with the other aspects mentioned in the options.

By focusing on operational functions, it provides management with insights that can lead to better resource allocation, improved productivity, and cost savings. This comprehensive evaluation addresses both financial and operational aspects, making it a robust tool for enhancing overall organizational performance.

In contrast, the other statements are accurate: operational audits do indeed focus on efficiency and profitability, management's objectives can be improved through the insights gleaned from audits, and while special training is beneficial, not all auditors need extensive specialization to conduct operational audits effectively.