Question

Reviewing and evaluating records used to prepare a company's financial statements is referred to as ______.

Answer 1

Auditing

Step-by-step explanation:

Auditing means the audits of the financial statement or the objective examination and the financial statement of the company could be evaluated. It is performed by the third party i.e. auditor. It can be performed by the internal parties and government entity like the internal revenue service

So the review and evaluation of the financial records is called as the auditing