The primary objective of statutory auditing is to - (x) detect errors (y) prevent errors (z) express an opinion. The options are ____________.
A
(x) And (y)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
(z) only
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
(y) Only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
(x),(y) and (z)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B (z) only Main purpose or object of auditing is to find the opinion of an auditor about correctness and reliability of accounts and the financial position of the business concern.