A correct relationship among the auditor, the client, and the external users is:
A. management of a public company hires the independent auditor.
B. the audit committee of a private company hires the independent auditor.
C. the client provides capital to the external users.
D. the external users can rely upon the auditor's report to reduce information risk.
Answer:D
A correct relationship among the auditor, the client, and the external users is:
A. management of a public company hires the independent auditor. B. the audit committee of a private company hires the independent auditor. C. the client provides capital to the external users. D. the external users can rely upon the auditor's report to reduce information risk.