Windy is preparing to enter into a University but has not decided yet what course to take. Windy's parents, who are both certified public accountants (CPA), provided a suggestion for Windy to study towards becoming an auditor. However, Windy is not knowledgeable about the work of an auditor and what drives the demand for audit services in the real business world. Which among the following is a valid explanation about the demand for audit and assurance services? Audit services are in demand because the main output of an audit is to provide guidance to companies on how they should run their businesses. O More and more companies engage the work of audit firms because of the ease in obtaining the signature of certified public accountants as a sign that their financial statements are credible. O Considering that financial statements can be complex, auditors can help the different users of the financial statements to assess the reasonableness of the information presented therein. O Audit services are in demand among private companies since auditors help in the preparation of their financial statements in an efficient manner. Previous