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What is the primary objective of an audit?a)To maximize company profits.b)To identify all errors and frauds in the financial statements.c)To ensure compliance with tax regulations.d)To determine the real earning capacity of a business.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary objective of an audit?a)To maximize company profits.b)To identify all errors and frauds in the financial statements.c)To ensure compliance with tax regulations.d)To determine the real earning capacity of a business.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary objective of an audit?a)To maximize company profits.b)To identify all errors and frauds in the financial statements.c)To ensure compliance with tax regulations.d)To determine the real earning capacity of a business.Correct answer is option 'D'. Can you explain this answer?.

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