Audits of Financial Statements Are Designed to Obtain Reasonable Assurance

Audits of financial statements are designed to obtain reasonable assurance of detecting misstatement due to: $$\begin{array} { | l | c | c | } \hline & \begin{array} { c } \text { Frauoulent } \\\text { Financial } \\\text { Reporting }\end{array} & \begin{array} { c } \text { Misappropriation } \\\text { of Assets }\end{array} \\\hline \text { A. } & \text { Yes } & \text { Yes } \\\hline \text { B. } & \text { Yes } & \text { No } \\\hline \text { C. } & \text { No } & \text { Yes } \\\hline \text { D. } & \text { No } & \text { No } \\\hline\end{array}$$

A) Option A
B) Option B
C) Option C
D) Option D