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Which of the Following Statements Is True with Regards to Financial

Question 52

Multiple Choice

Which of the following statements is true with regards to financial statement audits?


A) The auditors guarantee that the financial statements are accurate and correct.
B) Financial audits are directed toward the discovery of fraud.
C) Auditors provide reasonable assurance that statements are free from material misstatements,whether caused by errors or fraud.
D) Auditors will not disclose information that they have acquired as a result of their accountant-client relationship.

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