The text described seven types of audits common in accounting practice. Which of the following statements about them is most true?
A)An adverse opinion in a financial statement audit is evidence that an investigative audit is needed.
B)Expectancy theory can be useful in many types of audits.
C)Both A and B are true.
D)Neither A nor B is true.

Question

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The Answer of The text described seven types of audits common in accounting practice. Which of the following statements about them is most true?
A)An adverse opinion in a financial statement audit is evidence that an investigative audit is needed.
B)Expectancy theory can be useful in many types of audits.
C)Both A and B are true.
D)Neither A nor B is true.

The Text Described Seven Types of Audits Common in Accounting