Which of These Statements in Relation to the Regulation of Auditors

Multiple Choice

Which of these statements in relation to the regulation of auditors is not true?

A) The choice of statutory regulation rather than self-regulation may reflect political differences between countries in the approach to management of capital markets
B) Statutory regulation is consistent with a country having a more centralised,interventionist approach to regulation
C) The worldwide trend in recent years has been towards more self -regulation for auditors.
D) In France and Italy regulation was from earlier times the responsibility of state authorities.