Which of the following would most likely be an appropriate addressee for an audit report?
A)The shareholders of the corporation whose financial statements were examined.
B)A third party who requested that a copy of the audit report be sent to her.
C)The president of the corporation whose financial statements were examined.
D)The chief financial officer.

Question

Quizplus · Accepted Answer

The shareholders of the corporation whose financial statements were examined are the primary users of the audit report, as they have a direct interest in the accuracy and reliability of the financial statements. The other options may be recipients of the report, but the addressee should be the primary user.

Which of the Following Would Most Likely Be an Appropriate