Evaluation versus preparation

[Korsky]

Business English Lesson, Advanced Level

ESL/EFL Test #154 "Auditing", question 3

Auditors are not responsible for the ......... of the financial statements of an company.

(a) evaluation
(b) examination
(c) position
(d) preparation

Business English Lesson, Advanced Level

ESL/EFL Test #154 "Auditing", answer 3

Auditors are not responsible for the preparation of the financial statements of an company.

Correct answer: (d) preparation
_________________________

evaluation versus preparation

Korsky

[Mister Micawber]

.
Evaluation is the judging of the quality of the finished financial statements. This is the auditor's job.

Preparation is the actual making of the financial statements. This is the job of the company's accounting staff.
.
_________________
Canadian-American native speaker
who teaches English for a living at Mister Micawber's
ESL cafe: Interview with Mister Micawber