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The Public Has Turned to Auditors to Provide Assurance Services

Question 40

Multiple Choice

The public has turned to auditors to provide assurance services primarily because:


A) there is a need to develop new revenue streams for accounting firms.
B) the integrity and objectivity of auditors increases the public's trust that the underlying information is not materially misstated.
C) auditors have been proactive in identifying new types of assurance services to market to customers.
D) audits do not provide reliable information for decision makers.

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