Question

The objective of an audit of financial statement is to enable an auditor to ___________ on financial statements.

• A. complete audit
• B. express an opinion
• C. check fraud
• D. check the transactions

Answer 1

Answer: (B)

It is the auditors responsibility to verify all the business transactions along with the verification of documentary evidence available. The main object of audit is to detect and prevent the frauds and provide the opinion on financial statements to ensure that it gives true and fair view of the accounts.