Users of an issuer's financial statements demand independent audits because:
a. Users demand assurance that fraud does not exist
b. Management may not be objective in reporting
c. Management relies on the auditor to improve internal control
d. Users expect auditors to correct management errors
Ans: b. Management may not be objective in reporting
Business
You might also like to view...
Much of the software used in organizations uses OLE (object linking and editing)
Indicate whether the statement is true or false.
Business
Change efforts to overcome the pressures of both individual resistance and group conformity are termed:
A) refreezing. B) movement. C) unfreezing. D) none of the above.
Business