The purpose of the external audit is the examination of, and expression of opinion on...

Vendor: CIMA
Product: BA3
Update on: Jul 29, 2025
Questions: 393

CIMA BA3 Question Answer

The purpose of the external audit is the examination of, and expression of opinion on the financial statements of an entity.

What is the purpose of internal audits?

To prepare for external audits

To assist employees of the organization in effective discharge of their responsibilities

To create fear

To confirm balances presented in the financial statements

CIMA BA3 Summary

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