Main object of auditing is
A. Detection of errors
B. To find out whether P&L a/c & B/S show true and fair state affairs
C. Detection of frauds
D. Detection and prevention of frauds and errors.
Answer:B
Main object of auditing is
A. Detection of errors B. To find out whether P&L a/c & B/S show true and fair state affairs C. Detection of frauds D. Detection and prevention of frauds and errors.