Which of the Following Best Describes the Main Reason That

question 15

Multiple Choice

Which of the following best describes the main reason that independent auditors report on a company's financial statements?

• A)Management fraud may exist within the company and it is likely that the independent auditors will detect it.
• B)Users of financial need confidence in the numbers they base their decisions on.
• C)Misstated account balances may be corrected as the result of the independent audit work.
• D)The accounting system from which the financial statements are derived may have a poorly designed system of internal control.