Which of the following is one of the four standards of reporting included in GAAS? a. Due

Question:

Which of the following is one of the four standards of reporting included in GAAS?

a. Due professional care is to be exercised in the performance of the audit and the preparation of the report.

b. The report shall state whether the financial statements are presented in accordance with GAAP

c. Sufficient competent audit evidence is to be obtained to afford a reasonable basis for an opinion regarding the financial statements under audit.

d. The report shall state that GAAS have been followed in the conduct of the audit.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 100% (QA)

Answered By

Umber Talat

I am providing full time mentoring and tutoring services in Business Finance, Contemporary issue in Global Economy, Quantitative Techniques, Principles of Marketing, strategic marketing, International Marketing, Organizational Behavior (OB), Consumer Behavior, Sales Force Management, Strategic Brand Management, Services Marketing, Integrated Marketing Communication (IMC), Principles of Management, General Management, Strategic Management, Small and Medium Enterprise Management, Innovation Management, Change Management, Knowledge Management, Strategic Planning, Operations Management, Supply Chain Management, Logistics Management, Inventory management, Total Quality Management (TQM), Productions Management, Project Management, Production Planning, Human Resource Management (HRM), Human Resource Development, Strategic HRM, Organizational Planning, Performance and Compensation Management, Recruitment and Selection, Organizational Development, Global Issues in Human Resource Management, Retail Marketing, Entrepreneurship, Entrepreneurial Marketing, International Business, Research Methods in Business, Business Communication, Business Ethics.

4.70+ 158+ Reviews 236+ Question Solved

Related Book For book-img-for-question