Which of the following is the least independent piece of information to collect about a company that is a potential M&A target? A. Internal audits B. Fun and Bradstreet reports  C. Audited financial statements  D. Relevant macroeconomics outlooks from an independent research organization

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter7: Planning The Audit: Identifying, And Responding To The Risk Of Material Misstatement
Section: Chapter Questions
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Which of the following is the least independent piece of information to collect about a company that is a potential M&A target?

A. Internal audits

B. Fun and Bradstreet reports 

C. Audited financial statements 

D. Relevant macroeconomics outlooks from an independent research organization

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