An independent audit aids in the communication of economic data because the audit a. Confirms the exact
Question:
An independent audit aids in the communication of economic data because the audit
a. Confirms the exact accuracy of management’s financial representations.
b. Lends credibility to the financial statements.
c. Guarantees that financial data are fairly presented.
d. Assures, the readers of financial statements that any fraudulent activity has been corrected.
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Answer The correct answer is b Lends credibility to the financial statements Explanation The primary ...View the full answer
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Related Book For 
Auditing And Assurance Services
ISBN: 9780073527086
7th Edition
Authors: William MessierSteven Glover
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