Which of the Following Is Not True

Multiple Choice

Which of the following is not true?

A) Australian Auditing Standards (ASAs) are legally binding auditing standards.
B) Australian Auditing Standards (ASAs) are issued by the Australian Auditing and Assurance Standards Board.
C) Australian Auditing Standards (ASAs) set out audit requirements for listed companies under the Corporations Act
D) Australian Auditing Standards (ASAs) are legally enforceable legislative instruments.