The Public Has Turned to Auditors to Provide Assurance Services

question 40

Multiple Choice

The public has turned to auditors to provide assurance services primarily because:

• A)there is a need to develop new revenue streams for accounting firms.
• B)the integrity and objectivity of auditors increases the public's trust that the underlying information is not materially misstated.
• C)auditors have been proactive in identifying new types of assurance services to market to customers.
• D)audits do not provide reliable information for decision makers.

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