Which of the following is not a purpose of financial statement analysis: Multiple Choice O O O O O Assuring that the company will avoid an IRS audit. Providing information for managing and operating the company. Helping the board of directors monitor management's performance. Helping external users make investing and lending decisions. Providing information to improve efficiency and effectiveness.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
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Which of the following is not a purpose of financial
statement analysis:
Multiple Choice
Assuring that the company will avoid an IRS audit.
Providing information for managing and operating
the company.
Helping the board of directors monitor
management's performance.
Helping external users make investing and lending
decisions.
Providing information to improve efficiency and
effectiveness.
Transcribed Image Text:Which of the following is not a purpose of financial statement analysis: Multiple Choice Assuring that the company will avoid an IRS audit. Providing information for managing and operating the company. Helping the board of directors monitor management's performance. Helping external users make investing and lending decisions. Providing information to improve efficiency and effectiveness.
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