What does an auditor look for?
  1. Reasonable assurance about the financial information being true and fair
  2. Absolute assurance about authenticity of financial statements
  3. Relative assurance
  4. None of these
Explanation
Answer: A - An auditor looks to ensure reasonable assurance that the financial statements are prepared, in every material aspect, as per the required guidelines. Truthfulness and fairness are two parameters that are investigated.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz