According to __________The Purpose of an Audit Is To__________

question 13

Multiple Choice

According to __________the purpose of an audit is to__________ .

• A)Australian Auditing Standard ASA 200;enhance the degree of confidence of intended users in the financial report.
• B)Australian Auditing Standard ASA 315;guarantee the integrity of the financial report.
• C)International Auditing Standard IAS 2;guarantee the integrity of the financial report.
• D)Australian Auditing Standard ASA 315;enhance the degree of confidence of intended users in the financial report.

---

Definitions:

Argumentum Ad Hominem

A logical fallacy where an argument is countered by attacking the character, motive, or other attributes of the person making the argument, rather than addressing the substance of the argument itself.

Sarbanes-Oxley Act

A United States federal law enacted in 2002 that set new or expanded requirements for all U.S. public company boards, management, and public accounting firms, aimed at protecting investors from fraudulent financial reporting.

Code of Ethics

A set of principles and guidelines designed to help professionals conduct business honestly and with integrity.

Davis-Bacon Act

A United States federal law that requires paying the local prevailing wages on public works projects for laborers and mechanics.