Final answer:
SubSafe Audits are a quality control measure used in business to examine financial records for accuracy and fraud. They are conducted by independent auditors to detect misstatements, improve controls, and assess financial health.
Step-by-step explanation:
The saying behind SubSafe Audits is a quality control measure used in the business industry to ensure the accuracy and reliability of financial statements. It refers to the practice of thoroughly examining an organization's financial records and internal controls to identify any errors, fraud, or inefficiencies.
SubSafe Audits are conducted by independent auditors who assess the financial statements to provide an objective opinion on their fairness and compliance with accounting principles.
Some of the main objectives of SubSafe Audits include detecting and preventing financial misstatements, improving internal controls, and assessing the overall financial health of an organization.