The primary purpose of accumulating sufficient and appropriate audit evidence is to Group of answer choices a. Support the auditor’s opinion on the financial statements. b. Detect fraud in the financial statements. c. Defend the auditor in case of legal dispute. d. Evaluate the performance of the management of an entity.
The primary purpose of accumulating sufficient and appropriate audit evidence is to Group of answer choices a. Support the auditor’s opinion on the financial statements. b. Detect fraud in the financial statements. c. Defend the auditor in case of legal dispute. d. Evaluate the performance of the management of an entity.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The primary purpose of accumulating sufficient and appropriate audit evidence is to
Group of answer choices
a. Support the auditor’s opinion on the financial statements.
b. Detect fraud in the financial statements.
c. Defend the auditor in case of legal dispute.
d. Evaluate the performance of the management of an entity.
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