The AICPA Issued Eight Statements on Auditing Standards (SAS 104-111)

Multiple Choice

The AICPA issued eight Statements on Auditing Standards (SAS 104-111) that address risk assessment with respect to:

A) The design and performance of audit procedures to respond to assessed risks
B) Whether the standards close the expectation gap
C) The role and responsibilities of the audit committee in preventing fraud
D) All of the above