What is an External Audit primarily concerned with?

Study for the Quality Process Analyst Exam. Prepare with flashcards and multiple-choice questions, each question has hints and explanations. Get ready for your exam!

An external audit primarily focuses on the engagement of third-party agencies for verification purposes. This process involves a thorough examination of a company's financial statements, compliance with regulations, and overall operational integrity from an independent perspective. The purpose is to provide an objective assessment of the company's financial health and adherence to relevant laws and standards.

External auditors are typically tasked with validating the accuracy of the financial reports prepared by the company, thus ensuring stakeholders can trust the information presented. This evaluation is crucial for maintaining transparency and building trust with investors, regulatory bodies, and the public, as it reflects an unbiased viewpoint on the company's performance and compliance.

In contrast, other options focus on aspects that do not align with the primary objective of an external audit. Internal operations and employee performance assessments are usually elements considered in internal audits or evaluations rather than external verifications. The assessment of the quality of services, although important, does not encompass the broader financial compliance and correctness that an external audit entails.

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