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The True Statement Is

Question 14

Multiple Choice

The true statement is:


A) most countries in the world have auditing standards that are legally enforceable.
B) few countries in the world have auditing standards that are legally enforceable.
C) Australia is the only country in the world that has auditing standards that are legally enforceable.
D) the IAASB produces accounting standards which are legally enforceable in each country which adopts them.

Correct Answer:

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