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The main objects of investigation is _________.
to discover errors and frauds.
to prevent errors and frauds.
to verify statements.
all the above
- Option 1: To discover errors and frauds
This involves identifying discrepancies or intentional misrepresentations in financial records or transactions.
- Option 2: To prevent errors and frauds
Prevention focuses on implementing controls and procedures to stop errors or frauds before they occur.
- Option 3: To verify statements
This means confirming the accuracy and completeness of financial statements or records.
- Option 4: All the above
Auditing or investigating can include discovering, preventing errors and frauds, and verifying statements, so all the above options are interconnected.
By: Parvesh Mehta ProfileResourcesReport error
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