A high-quality audit is one performed:
a. In accordance with the engagement contract signed by both the auditor and the client, and one in which all audit procedures are performed efficiently.
b. In accordance with generally accepted auditing standards (GAAS) to provide reasonable assurance that the audited financial statements and related disclosures are presented in accordance with generally accepted accounting principles (GAAP) and are not materially misstated whether because of errors or fraud.
c. In accordance with the engagement contract signed by both the auditor and the audit committee, and one in which all audit procedures are performed to detect both material and immaterial errors in the financial statements.
d. In accordance with generally accepted auditing standards (GAAS) to provide reasonable assurance that the audited financial statements and related disclosures are presented in accordance with generally accepted accounting principles (GAAP) and are not materially misstated because of weaknesses in internal control?