Post Utme Futo 2022 Commerce Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Futo Commerce examination.

Post Utme Futo 2022 Commerce Objective / Multiple Choice
Question 15 POST_UTME_FUTO • 2022 • COMMERCE • objective

A company's financial statements are audited by an independent auditor to ensure that they are accurate and reliable. What is the purpose of auditing?

Answer Options

A. To detect fraud and errors
B. To ensure compliance with laws and regulations
Correct Answer C. To provide assurance to stakeholders
D. To increase revenue
Correct Answer
C
Correct Option:
To provide assurance to stakeholders

About This Question

This is Post Utme Futo 2022 Commerce Question 15. It is one of the objective questions from the 2022 Post Utme Futo Commerce examination.

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