Which of the Following Statements Is True with Regards to Financial

question 52

Multiple Choice

Which of the following statements is true with regards to financial statement audits?

• A)The auditors guarantee that the financial statements are accurate and correct.
• B)Financial audits are directed toward the discovery of fraud.
• C)Auditors provide reasonable assurance that statements are free from material misstatements,whether caused by errors or fraud.
• D)Auditors will not disclose information that they have acquired as a result of their accountant-client relationship.

---

Definitions:

Sputum Specimen

A sample of mucus and saliva expelled from the respiratory tract, used for medical testing to diagnose conditions.

Tracheostomy

A medical procedure that involves creating an opening in the neck to place a tube into a person's windpipe to allow air into the lungs.

Endotracheal Tube

A flexible tube inserted through the mouth into the trachea to maintain an open airway, often used during surgery or in patients who require mechanical ventilation.

Amyotrophic Lateral Sclerosis

A progressive neurodegenerative disease that affects nerve cells in the brain and the spinal cord, leading to loss of muscle control.