write the necessity is of auditing
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Auditing is an important business function that involves the evaluation of evidence and documentation about the economic and transaction activities of an organization. The public good derived from auditing is reasonable assurance that financial statements and disclosures are free from material misstatement.
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Explanation:
Auditing is an important business function that involves the evaluation of evidence and documentation about the economic and transaction activities of an organization. The public good derived from auditing is reasonable assurance that financial statements and disclosures are free from material misstatement.
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