Post Utme Mountain Top University 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2023 Commerce Objective / Multiple Choice
Question 35 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • COMMERCE • objective

A company's financial statements are audited by an independent auditor. Which of the following is a benefit of having an independent auditor?

Answer Options

A. It increases the risk of losses for the company
B. It reduces the risk of losses for the company
Correct Answer C. It increases the accuracy of the financial statements
D. It reduces the accuracy of the financial statements
Correct Answer
C
Correct Option:
It increases the accuracy of the financial statements

About This Question

This is Post Utme Mountain Top University 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Mountain Top University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support