What Is the Purpose of an Audit

question 82

Multiple Choice

What is the purpose of an audit?

• A)to prove the accuracy of an entity's financial statements.
• B)to lend credibility to an entity's financial statements.
• C)to endorse the quality of leadership that managers provide for a corporation.
• D)to establish that a corporation's shares are a sound investment.

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Definitions:

Sense of Humor

The ability or quality of appreciating, creating, or understanding humor.

Transcreation

The process of adapting a message from one language to another, while maintaining its intent, style, tone, and context.

Back-translation

A method used in translation where a text is translated into another language and then translated back into the original language to check for accuracy.

Interpreters

Professionals who translate spoken or signed language into another language, facilitating communication between people who do not share a common language.