Question: Question 2 The body that is responsible for overseeing the Auditing and Assurance Standards Board ( AUASB ) and approving its strategic direction is the:

Question
The body that is responsible for overseeing the Auditing and Assurance Standards Board AUASB and approving its strategic direction is the:
Australian Securities and Investments Commission ASIC
The Commonwealth Parliament.
The Australian Securities Exchange ASX
Financial Reporting Council FRC
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