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a. Many managers do not understand the statements without an auditor’s assistance.
b. Investors and potential investors want outside confirmation of the reliability of the financial statements.
c. Corporate financial managers do not have the training or expertise to prepare financial statements.
d. Public accounting firms have the best ability to compare the performance of businesses within the industry in which the public accounting firm specializes.
Investors and potential investors want outside confirmation of the reliability of the financial statements.
B is correct ,,,,,,,,,,,,,,,,,,,,,,,,,,
Answer B is correct >>>>>>>>>>>>>>>
b >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Answer : B.
An independent view and attestation on the financial statements and the note to the accounts would increase the reliability on information provided.
Answer is B, Companies financial statements has to be audited by an independent Auditors would increase the reliability on information provided
b-<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
b. >>>>>>>>>>Investors and potential investors want outside confirmation of the reliability of the financial statements
b----------------------------------------------------------------
B
It has to be approved by outside party, that we might receive the confidence of investors
