Post Utme Elizade University 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_ELIZADE_UNIVERSITY • 2024 • COMMERCE • objective

A company's financial statements are audited by an external auditor. Which of the following is the primary purpose of an audit?

Answer Options

A. To ensure compliance with tax laws
Correct Answer B. To verify the accuracy of financial statements
C. To provide assurance to stakeholders
D. To identify areas for improvement
Correct Answer
B
Correct Option:
To verify the accuracy of financial statements

About This Question

This is Post Utme Elizade University 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Elizade University Commerce examination.

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