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In auditing, what is the role of an auditor with regards to errors and frauds?a)Auditors guarantee that financial statements are completely free from errors and frauds.b)Auditors are responsible for uncovering all errors and frauds.c)Auditors must exercise reasonable care and skill in detecting errors and frauds.d)Auditors are not concerned with errors and frauds in financial statements.Correct answer is option 'C'. 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 In auditing, what is the role of an auditor with regards to errors and frauds?a)Auditors guarantee that financial statements are completely free from errors and frauds.b)Auditors are responsible for uncovering all errors and frauds.c)Auditors must exercise reasonable care and skill in detecting errors and frauds.d)Auditors are not concerned with errors and frauds in financial statements.Correct answer is option 'C'. 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 In auditing, what is the role of an auditor with regards to errors and frauds?a)Auditors guarantee that financial statements are completely free from errors and frauds.b)Auditors are responsible for uncovering all errors and frauds.c)Auditors must exercise reasonable care and skill in detecting errors and frauds.d)Auditors are not concerned with errors and frauds in financial statements.Correct answer is option 'C'. Can you explain this answer?.

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