In a Financial Statement Audit,what Is the External Auditor's Primary

question 37

Multiple Choice

In a financial statement audit,what is the external auditor's primary concern?

• A)Detecting all errors.
• B)Determining the effectiveness of operations.
• C)Determining whether the internal controls are effective.
• D)Determining whether the internal controls promote efficiency.

---

Definitions:

Supply Chain Software

Application or program designed to manage and streamline supply chain operations, including procurement, production, distribution, and inventory management.

Enterprise Resource Planning

Integrated management software systems that automate and facilitate the flow of information across an organization.

SaaS

Software as a Service (SaaS) is a cloud computing model where software applications are hosted by a service provider and made available to customers over the internet, typically on a subscription basis.

Supply Chain Partners

Businesses or organizations that participate in the supply chain process by providing goods or services, including suppliers, manufacturers, distributors, and retailers.