If an audit is performed for the benefit of a specific person or organization,that person or organization is known as a(n)
A)Party to the contract
B)Primary beneficiary
C)Foreseeable third party
D)Prime benefactor

Question

Quizplus · Accepted Answer

A specific person or organization for whose benefit an audit is performed is known as the primary beneficiary. This person or organization may not necessarily be a party to the contract, and may not be a foreseeable third party or prime benefactor. Therefore, option B is the best choice.

If an Audit Is Performed for the Benefit of a Specific