The primary objective of external auditors is to provide assurance to stockholders and other users that the statements are fairly presented.

Question

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This is a true statement. The external auditors are hired to provide an independent and objective evaluation of the financial statements, and to express an opinion on whether they are presented fairly in accordance with the applicable accounting standards. This helps to provide confidence to stockholders and other users that the financial information is reliable and can be used to make informed business decisions.

The Primary Objective of External Auditors Is to Provide Assurance