Accounting · Auditing
What is the central role of an external audit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To ensure compliance with all laws and regulations
- 2To improve the efficiency of the company's operations
- 3To provide a credible and independent opinion on the financial statements for shareholders✓
- 4To detect all instances of fraud and error
Correct answer
To provide a credible and independent opinion on the financial statements for shareholders
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