The process of verifying accounting information in financial statements is undertaken by:
A)the Securities and Exchange Commission.
B)internal auditors only.
C)external auditors only.
D)internal and external auditors.

Question

Quizplus · Accepted Answer

Both internal and external auditors are involved in verifying accounting information in financial statements. Internal auditors work within the organization to ensure accuracy and compliance, while external auditors provide an independent review.

The Process of Verifying Accounting Information in Financial Statements Is