What term refers to a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between these assertions and established criteria,and communicating the results to interested users?

Question

Quizplus · Accepted Answer

The systematic process described in the question is the definition of auditing, which involves obtaining and evaluating evidence to determine the accuracy of assertions made about economic actions and events. Auditors communicate their findings to interested users, such as investors or regulators. The other options listed (Innovation, Strategic Management, R&D, and Accounting) do not precisely match the description of the process given in the question.

What Term Refers to a Systematic Process of Objectively Obtaining