Which of the following is the essential purpose of the audit function? * O Detection of fraud. Examination of individual transactions to certify their validity. Determination of whether the client's...

Which of the following is the essential<br>purpose of the audit function? *<br>O Detection of fraud.<br>Examination of individual transactions<br>to certify their validity.<br>Determination of whether the client's<br>financial statement assertions are<br>fairly stated.<br>Assurance of the consistent<br>O application of correct accounting<br>procedures<br>

Extracted text: Which of the following is the essential purpose of the audit function? * O Detection of fraud. Examination of individual transactions to certify their validity. Determination of whether the client's financial statement assertions are fairly stated. Assurance of the consistent O application of correct accounting procedures

Jun 07, 2022

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Which of the following is the essential purpose of the audit function? * O Detection of fraud. Examination of individual transactions to certify their validity. Determination of whether the client's...

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