The fundamental objective of the audit of a company is to_____________?
ADetect and prevent errors and fraud
BAttest to the credibility of the company’s accounts
CAssess the effectiveness of the company’s performance
DProtect the interests of the minority shareholders
Correct answer
B. Attest to the credibility of the company’s accounts
Explanation
Attest to the credibility of the company’s accounts is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.