Multiple Choice
Which of the following best describes what is meant by the term "generally accepted auditing standards"?
A) Procedures used to gather evidence to support the accuracy of a client's financial statements
B) Measures of the quality of an auditor's conduct carrying out professional responsibilities
C) Professional pronouncements issued by the Auditing Standards Board
D) Rules acknowledged by the accounting profession because of their widespread application
Correct Answer:
Verified
Correct Answer:
Verified
Q76: GAAS, generally accepted auditing standards, provide a
Q77: Because it is not possible to test
Q78: Auditors should develop a written audit program
Q79: The general guidelines, known as the generally
Q80: This organization was established by the IFAC
Q82: This organization, established by the Sarbanes-Oxley Act,
Q83: The likelihood that errors or fraud may
Q84: This type of auditor specializes in the
Q85: This is one of the computer-assisted audit
Q86: This type of auditor is an employee