Question: * * Audit Planning: Objective Type Question * * * * Question: * * Which of the following best describes the primary purpose of audit
Audit Planning: Objective Type Question
Question:
Which of the following best describes the primary purpose of audit planning?
A To determine the final audit opinion
B To identify areas of potential risk and establish audit objectives
C To prepare financial statements
D To conduct detailed testing of transactions
Choose the correct option based on the primary purpose of audit planning.
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