In the Absence of Regulation,for Auditing to Be an Effective

Multiple Choice

In the absence of regulation,for auditing to be an effective strategy for reducing the costs of attracting funds,the auditor must:

A) be perceived to be truly independent and the accounting methods employed must be sufficiently well-defined.
B) have been auditing the company for at least the last five years.
C) be formally registered.
D) belong to one of the major ('Big 4') global accounting firms.