The Purpose of an Audit Is to Provide_______

Multiple Choice

The purpose of an audit is to provide_______.

A) 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) internal auditors with an opinion by the independent auditor on whether the financial statements are presented fairly in accordance with an applicable financial reporting framework
C) management with assurance that they will be able to maximize profit and bonuses
D) absolute assurance that the financial statement conform to GAAP