Which of the Following Best Describes the Main Reason That

Multiple Choice

Which of the following best describes the main reason that independent auditors report on a company's financial statements?

A) Management fraud may exist within the company and it is likely that the independent auditors will detect it.
B) Users of financial need confidence in the numbers they base their decisions on.
C) Misstated account balances may be corrected as the result of the independent audit work.
D) The accounting system from which the financial statements are derived may have a poorly designed system of internal control.