Question

27. The statutory auditor is primarily
concerned with the objective of internal
control relating to *
O a) Efficiency of operations
Ob) Reliability of financial reporting
O c) Effectiveness of operations
O
d) Compliance with applicable laws and
regulations​

Answer 1

Answer:

The auditors primary purpose in auditing the client's system of internal control over financial reporting is: A) to prevent fraudulent financial statements from being issued to the public. B)

to evaluate the effectiveness of the company's internal controls over all relevant assertions in the financial statements.