1. The methodical research and verification by trained accountants
called auditors of a company's books of account, transaction records,
other relevant documents, and the physical inspection of inventory is
defined as audit.
2. Audit helps the economy in
Matters to consider when obtaining finance are:
What is the best source of finance?
What is the best financing mix?
How to arrange and obtain the required funds?
A. (i) and (iii) only.
B. (ii) and (iii) only.