Shareholders Use Audit Reports to Monitor Management Performance

Multiple Choice

Shareholders use audit reports to monitor management performance. An example of an item that an audit report does NOT provide is:

A) Reasonable assurance on reported information that might be used to provide justification for management's performance-based compensation.
B) Access to foreign markets.
C) An indication of whether or not a company has major in its internal control over financial reporting.
D) Feedback on any ICFR material weaknesses that management may choose to use to improve operational or financial efficiency.