The trait that distinguishes auditors from accountants is the a. auditor’s education beyond the Bachelor’s degree. b. auditor’s ability to interpret FASB Statements. c. auditor’s ability to interpret accounting principles generally accepted in the United States. d. auditor’s accumulation and interpretation of evidence related to a company’s financial statements. What is the correct answer ?

Business, Finance

29 0

X
Choose your mode of payment

Get full Expert solution in seconds

$1.97 ONLY

Unlock Answer

The trait that distinguishes auditors from accountants is the a. auditor’s education beyond the Bachelor’s degree. b. auditor’s ability to interpret FASB Statements. c. auditor’s ability to interpret accounting principles generally accepted in the United States. d. auditor’s accumulation and interpretation of evidence related to a company’s financial statements.
What is the correct answer ?

EXPERT ANSWER

Answer :- Option d). Auditor’s accumulation and interpretation of evidence related to a company’s financial statements.

Explanation:- The trait i.e., characteristic mentioned in the option d (regarding the auditor) will treat / recognize the auditors differently from the accountants in the accounting.