Which of the Following Is a Use of External Audits

question 38

Multiple Choice

Which of the following is a use of external audits?

• A) evaluating financial stability
• B) evaluating production efficiency
• C) evaluating sales effectiveness
• D) identifying possible mergers or acquisitions
• E) identifying earnings potential

---

Definitions:

Shoe Size

A numerical or alphabetical indication of the fitting size of a shoe for a person.

Educational Level

The highest degree or stage of formal learning or schooling that an individual has completed.

Annual Income

The total amount of money earned by an individual or organization in one year from all sources before taxes.

Positively Correlated

A relationship between two variables where if one variable increases, the other one also increases.