The Primary Focus of Financial Statement Audits Is the Discovery

question 39

True/False

The primary focus of financial statement audits is the discovery of fraud.

---

Definitions:

Sustainable Business Model

A way of operating a business that seeks to create long-term value by taking into consideration how it operates in the ecological, social, and economic environment.

Paper Products

Items made from pulp derived from wood, rags, or grasses, which can include items like paper, cardboard, and certain packaging materials.

Reliance

The act of depending or trusting in something or someone for support, help, or fulfillment of needs.

Sustainability

The practice of maintaining processes or states in a way that avoids the depletion of natural resources to maintain ecological balance.