Multiple Choice
Which of the following best describes what is meant by the term generally accepted auditing standards?
A) Rules acknowledged by the accounting profession because of their universal application.
B) Pronouncements issued by the Auditing Standards Board.
C) Measures of the quality of the auditor's performance.
D) Procedures to be used to gather evidence to support financial statements.
Correct Answer:

Verified
Correct Answer:
Verified
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