C is corrent because audit procedures are primarily designed to gather audit evidence which forms the basis for the auditor’s opinion. Completion of the audit program and any additional audit procedures should provide sufficient competent audit evidence for an opinion on the financial statements as required by the third standard of fieldwork.
A is incorrect because testing internal structures will result from completing an audit program but this is not the primary objective.
B is incorrect because detecting all misstatements due to errors and fraud, regardless of materiality, is not a practical audit objective.
D is incorrect because preventing litigation may be a benefit of completing an audit program but is not the primary objective.
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