Solved

The USOffice of Management and Budget Issues Generally Accepted Auditing Standards

Question 46

True/False

The U.S.Office of Management and Budget issues generally accepted auditing standards which provide general guidelines for governmental audits and address the minimum responsibilities of the auditor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q33: In audits of state and local government

Q41: "An unmodified opinion on the financial statements

Q43: Which of the following statements regarding audit

Q44: Cognizant agencies:<br>A) Are responsible for conducting governmental

Q47: In auditing compliance with laws and regulations

Q50: An auditor would not render an opinion

Q52: A single audit conducted pursuant to the

Q56: One of the primary purposes of the

Q62: To help identify threats to independence, generally

Q65: Generally accepted government auditing standards (GAGAS) require