Which of the Following Statements Is Correct About the Objective

Multiple Choice

Which of the following statements is correct about the objective of the audit process?

A) Generally accepted auditing standards require the auditor to obtain assurance about whether the financial statements are free from all misstatements.
B) Reasonable assurance is obtained by the auditor when he has obtained sufficient appropriate audit evidence to reduce audit risk to an acceptably low level.
C) A misstatement is an error or fraud in the financial statements that might cause a user of the financial statements to change his decision about the company.
D) Sufficient appropriate audit evidence refers to the persuasiveness of the evidence gathered.