What are three purposes of auditing?Multiple select question.preparing the trial balancelooking into operational effectiveness and efficiencyreviewing recordsexamining the financial health of an organization

The three purposes of auditing are:

1. Looking into operational effectiveness and efficiency: Auditors assess the operations of a company to ensure they are running effectively and efficiently. They check if resources are being used optimally and if the company is achieving its objectives.

2. Reviewing records: Auditors review the financial records of a company to ensure they are accurate and in compliance with laws and regulations. They check for any discrepancies or irregularities in the records.

3. Examining the financial health of an organization: Auditors evaluate the financial health of a company. They assess the financial statements to determine if the company is financially stable, profitable, and solvent.