Question: The basic purpose of an audit is to: Multiple Choice Assure outsiders that financial statements are prepared in conformity with GAAP Provide as much useful

The basic purpose of an audit is to: Multiple Choice Assure outsiders that financial statements are prepared in conformity with GAAP Provide as much useful information to decision makers as possible, regardless of cost in the financial position of an organization by applying the concepts of double entry accounting Record changes Meet an organization's need for accounting information as efficiently as possible

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