One of the Components That a Nation Must Have to Effectively

Multiple Choice

One of the components that a nation must have to effectively apply international standards is quality auditing. Which of the following statements about auditing is true?

A) Audit quality is consistently high around the world due to the implementation of International Auditing Standards.
B) Most audits around the world are conducted by the Big Four, which ensures consistency.
C) Audit quality is consistent around the world as smaller countries import well-educated auditors to ensure expertise.
D) Audit quality is inconsistent around the world.