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    Auditing and Assurance Services Study Set 1
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    Exam 26: Internal and Governmental Financial Auditing and Operational Auditing
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    Governmental Auditing Standards Recognize That Because of Public Accountability Over
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Governmental Auditing Standards Recognize That Because of Public Accountability Over

Question 70

Question 70

Multiple Choice

Governmental Auditing Standards recognize that because of public accountability over governmental activities the acceptable tolerable misstatement as compared to commercial businesses may be:


A) equal.
B) lower.
C) higher.
D) indeterminable.

Correct Answer:

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