Post Utme Bells University 2018 Commerce Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Bells University Commerce examination.

Post Utme Bells University 2018 Commerce Objective / Multiple Choice
Question 37 POST_UTME_BELLS_UNIVERSITY • 2018 • COMMERCE • objective

A company's financial statements are audited annually to ensure compliance with accounting standards. What is the primary purpose of this audit?

Answer Options

Correct Answer A. To ensure the company's financial statements are accurate and reliable
B. To identify areas of inefficiency in the company's operations
C. To verify the company's compliance with tax laws
D. To assess the company's risk management practices
Correct Answer
A
Correct Option:
To ensure the company's financial statements are accurate and reliable

About This Question

This is Post Utme Bells University 2018 Commerce Question 37. It is one of the objective questions from the 2018 Post Utme Bells University Commerce examination.

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