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      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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