Question: An audit is useful to financial statement users because: it guarantees that the financial statements are accurate and correct. It guarantees that management has not

An audit is useful to financial statement users because: it guarantees that the financial statements are accurate and correct. It guarantees that management has not been involved in misappropriation of assets. the audit report is an important indicator of whether or not the company's stock is a sound investment. it provides reasonable assurance that the financial statements do not have material misstatements

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