Question: Which statement below most accurately describes the objective of a financial statement audit? Group of answer choices To inform investors about the market value of
Which statement below most accurately describes the objective of a financial statement audit?
Group of answer choices
To inform investors about the market value of a firm.
To provide absolute assurance about the accuracy of a firms financial statements.
To provide reasonable assurance about whether a firms financial statements are free of material misstatements, either due to error or fraud.
To provide an opinion to management about the efficiency and effectiveness of firm operations.
To ensure compliance with applicable regulatory guidelines.
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