Verification of financial statements is
A. external audit
B. internal audit
C. management audit
D. financial audit
Answer: Option B
Solution (By Examveda Team)
Verification of financial statements is internal audit. Internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. They ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection.This Question Belongs to Management >> Business Management
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