The fundamental objective of the audit of a company is to....?Select one: a. Assess the effectiveness of the company’s performance b. Protect the interests of the minority shareholders c. Attest to the credibility of the company’s accounts d. Detect and prevent errors and fraud

The fundamental objective of the audit of a company is to....?Select one: a. Assess the effectiveness of the company’s performance b. Protect the interests of the minority shareholders c. Attest to the credibility of the company’s accounts d. Detect and prevent errors and fraud

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The fundamental objective of the audit of a company is to....?
Select one:

Assess the effectiveness of the company’s performance

Protect the interests of the minority shareholders

Attest to the credibility of the company’s accounts

Detect and prevent errors and fraud

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