Which of the Following Is a True Statement About the Relationship

Multiple Choice

Which of the following is a True statement about the relationship between generally accepted government auditing standards (GAGAS) and generally accepted auditing standards (GAAS) ?

A) GAGAS and GAAS provide standards for financial audits, attestation engagements, and performance audits.
B) GAGAS encompass GAAS and supplement certain GAAS.
C) GAAS encompass GAGAS and supplement certain GAGAS.
D) GAGAS are promulgated by the Government Accountability Office and GAAS are promulgated by the Governmental Accounting Standards Board.