Post Utme Igbinedion University 2024 Commerce Question 40

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

Post Utme Igbinedion University 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • COMMERCE • objective

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

Answer Options

A. To verify the company's financial position
B. To ensure compliance with accounting standards
C. To detect and prevent fraud
Correct Answer D. To provide assurance to stakeholders
Correct Answer
D
Correct Option:
To provide assurance to stakeholders

About This Question

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

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