Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Exercise 11

An independent audit aids in the communication of economic data because the audit
A) Confirms the exact accuracy of management's financial representations.
B) Lends credibility to the financial statements.
C) Guarantees that financial data are fairly presented.
D) Assures the readers of financial statements that any fraudulent activity has been corrected.