Which of the Following Is Not a Primary Role of an Independent

question 55

Multiple Choice

Which of the following is not a primary role of an independent auditor?

• A)Assume legal and professional responsibilities to the public.
• B)Advise client on tax strategies.
• C)Determine whether a company's financial statements are materially correct.
• D)All of these answer choices are correct.

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Definitions:

Emissions

The release or discharge of substances (like gases or pollutants) into the environment, often from industrial or vehicular sources.

Harm

Refers to damage or injury that negatively affects someone or something in a physical, psychological, or financial manner.

Marginal External Cost

The cost of producing one additional unit of a good or service that is borne by people other than the producer, often not reflected in the product's market price.

Socially Optimal

A state or outcome in which resource allocation maximizes social welfare, considering all costs and benefits to society.