Economics · Auditing
Which of the following statements about the role of external auditors is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They act as management advisors only
- 2They guarantee the future profitability of the business
- 3They express an independent opinion on the truth and fairness of the financial statements✓
- 4They are responsible for preparing the company's accounts
Correct answer
They express an independent opinion on the truth and fairness of the financial statements
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