Which of the Following Is an Objective of the External

question 67

Multiple Choice

Which of the following is an objective of the external audit of a company's financial statements?

• A)To provide a forecast of the company's future earnings.
• B)To assure no fraud has been committed by the company's management.
• C)To provide credibility and assurance that the financial statement information conforms with generally accepted accounting principles in all material respects.
• D)To detect all accounting errors made by the accounting system and employees.

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Definitions:

Special Interest Magazines

Publications targeting niche audiences with specific hobbies, interests, or demographic characteristics.

Mobile Advertising

Advertising that is communicated to the consumer via a handheld device.

Personal Selling

A direct sales approach involving face-to-face interaction between a salesperson and a customer, aimed at persuading the customer to make a purchase.

Two-way Communication

An interactive form of communication where both parties can send and receive messages, facilitating mutual understanding and feedback.