Which of the Following Is an Accurate Statement Regarding Principles

Multiple Choice

Which of the following is an accurate statement regarding principles and auditing standards?

A) The principles underlying an audit give specific guidance to an auditor when a problem arises in an audit.
B) The principles underlying an audit state that the only objective of an audit is to provide financial statement users with an opinion.
C) All auditing standards issued by the PCAOB are given two classification numbers.
D) The Statement on Auditing Standard (SAS) number identifies the order in which it was issued in relation to other SASs.