Which of the Following Best Describes the Primary Role and Responsibility

question 91

Multiple Choice

Which of the following best describes the primary role and responsibility of the independent external auditor?

• A) Produce a company's annual financial statements and notes.
• B) Express an opinion on the fairness of a company's annual financial statements and footnotes.
• C) Provide business consulting advice to audit clients.
• D) Obtain an understanding of the client's internal control structure and give management a report about control problems and deficiencies.

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Definitions:

Sperm Donors

Men who provide their semen to be used artificially to inseminate a woman not their sexual partner.

Half Siblings

Children who share only one parent in common, either the same mother or the same father, making them genetically related by 25% under typical circumstances.

Bond

A strong connection, emotional tie or relationship between individuals or groups.

Abortion

The expulsion of an embryo or fetus from the uterus.