Stockholders of the Sasha Deal Company are concerned about irregularities in the firm's accounting system.One approach to identify problems in the records of the company would be to have a(n)______performed.

Question

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An independent audit is performed by an outside auditor who is not affiliated with the company being audited. This type of audit is usually required by law and provides an unbiased assessment of the company's financial statements and accounting practices. This would be the most appropriate choice given the concerns of the stockholders. A certified audit and GAAP analysis are also possible options but they would be performed by an outside auditor. An internal audit is conducted by a party within the company and may not be as objective as an independent audit.

Stockholders of the Sasha Deal Company Are Concerned About Irregularities