Which of the following best describes the reason why an independent auditor reports on financial statements?
MULTIPLE CHOICE QUESTIONS FROM CPA EXAMINATIONS 6-21 (OBJECTIVE 6-1) The following questions concern the reasons auditors do audits.Choose the best response.a. The major reason an independent auditor gathers audit evidence is to(1) form an opinion on the financial statements.(2) detect fraud.(3) evaluate management.(4) assess control risk.b. Which of the following best describes the reason why […]