Which of the following terms refers to the examination of a company's accounting system to determine whether its financial reports fairly represent its operations?
A) Company-wide analysis
B) Forensic accounting
C) Portfolio analysis
D) Audit
E) Preliminary investigation

Question

Quizplus · Accepted Answer

D)An audit is an examination by an external party to ensure that a company's financial reports are faithful and accurate.

Which of the Following Terms Refers to the Examination of a Company's