One among the following is not a primary objective of audit;

Question

a.
Examining the system of internal control

b.
Checking arithmetical accuracy of books of accounts, verifying posting, costing, balancin

c.
Detection and prevention of errors

d.
Verifying the authenticity and validity of transactions

Answer 1

b. Checking arithmetical accuracy of books of accounts, verifying posting, costing, balancing

The primary objectives of an audit focus on ensuring the reliability, validity, and correctness of financial statements and internal controls within an organization. While checking arithmetical accuracy, verifying postings, costing, and balancing are important tasks typically associated with the accounting function, they are not considered primary objectives of an audit. The audit's main goals are broader and involve evaluating the accuracy and completeness of financial records, assessing risks, and ensuring compliance with applicable laws and standards.