Post Utme Futo 2019 Commerce Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Futo Commerce examination.

Post Utme Futo 2019 Commerce Objective / Multiple Choice
Question 4 POST_UTME_FUTO • 2019 • COMMERCE • objective

A firm's financial statements are audited by an independent auditor. What is the purpose of this audit?

Answer Options

A. To verify the accuracy of the financial statements
B. To ensure compliance with accounting standards
Correct Answer C. To provide assurance to stakeholders
D. To detect fraud and errors
Correct Answer
C
Correct Option:
To provide assurance to stakeholders

About This Question

This is Post Utme Futo 2019 Commerce Question 4. It is one of the objective questions from the 2019 Post Utme Futo Commerce examination.

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