Both auditing and accounting are concerned with financial statements. Which of the following
Options:
| a) Auditing uses the theory of evidence to verify the financial information made available by Accountancy b) Auditing lends credibility dimension and quality dimension to the financial statements prepared by the accountant. c) Auditor should have through knowledge of accounting concepts and convention to enable him to express an opinion on financial statements d) All of the above. |
The Correct Answer Is:
b) Auditing lends credibility dimension and quality dimension to the financial statements prepared by the accountant.