Question

    Which of the following is a primary objective of

    auditing?
    A Detection of fraud Correct Answer Incorrect Answer
    B Prevention of fraud Correct Answer Incorrect Answer
    C Verification of physical stock Correct Answer Incorrect Answer
    D Expression of opinion on financial statements Correct Answer Incorrect Answer

    Solution

    Auditors express an opinion on whether financial statements show a true and fair view of the entity’s financial position.

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