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Internal audits are important primarily because Multiple Choice the firm uses the audits to determine desired profits for the following year. they aid in the

Internal audits are important primarily because

Multiple Choice

the firm uses the audits to determine desired profits for the following year.

they aid in the development of the firm's financial statements.

they help to make accounting statements more reliable.

the firm needs to keep a constant lookout for employees and suppliers who may be committing fraud.

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