Taylor Casual, a chain of retail clothing stores, wants to assure investors and other outsiders that its financial statements are accurate. One way to do so would be to hire a public accounting firm to:

Question

Quizplus · Accepted Answer

To assure investors and other outsiders that the financial statements are accurate, Taylor Casual should hire a public accounting firm to perform an independent audit. This audit would provide an objective evaluation of the financial statements and give a professional opinion on whether they are presented fairly in accordance with generally accepted accounting principles.

Taylor Casual, a Chain of Retail Clothing Stores, Wants to Assure