These individuals examine the firm's accounting systems and comment on whether financial statements fairly represent the firm's financial position.
A)Accounting departments
B)Chief financial officers
C)Board of directors
D)Auditors

Question

Quizplus · Accepted Answer

Auditors are responsible for reviewing the firm's accounting systems and financial statements to ensure they are accurate and fairly represent the firm's financial position. Accounting departments, CFOs, and boards of directors may play a role in financial reporting, but they do not have the specific responsibility of auditing the financial statements.

These Individuals Examine the Firm's Accounting Systems and Comment on Whether