Robert Consultants was incorporated in the year 2010.The company is now performing a formal evaluation to ensure and certify the integrity and reliability of the company's financial statements.This formal evaluation is referred to as ________.
A) cost accounting
B) control
C) bookkeeping
D) audit
E) management accounting

Question

Quizplus · Accepted Answer

A)Audit is a formal evaluation of the fairness and reliability of a client's financial statements. Certified public accountants are authorized to perform audits.
B)Audit is a formal evaluation of the fairness and reliability of a client's financial statements. Certified public accountants are authorized to perform audits.
C)Audit is a formal evaluation of the fairness and reliability of a client's financial statements. Certified public accountants are authorized to perform audits.
D)Audit is a formal evaluation of the fairness and reliability of a client's financial statements. Certified public accountants are authorized to perform audits.
E)Audit is a formal evaluation of the fairness and reliability of a client's financial statements. Certified public accountants are authorized to perform audits.

Robert Consultants Was Incorporated in the Year 2010