The Purpose of an Audit Is to _______

Multiple Choice

The purpose of an audit is to _______.

A) provide financial statement users with an opinion by an independent auditor on whether the financial statements are presented fairly in accordance with an applicable financial reporting framework
B) provide internal auditors with an opinion by the external auditor on whether the financial statements are presented fairly in accordance with an applicable financial reporting framework
C) provide absolute assurance that the financial statements conform to Generally Accepted Accounting Principles (GAAP)
D) help management ensure yearly bonuses will be received