Remaining Time: 08 minutes, 58 seconds. Question Completion Status: Moving to another question will save this response. Question of 4 Question 3 1 points Which of the following is true about auditing standards in the audit of financial statements? O A Auditing standards should provide more clearly defined guidelines as an aid in determining the extent of evidence to be accumulated as many practitioners along with critics of the profession believe OB. Auditing standards should provide more specific guidelines and requirements because this would eliminate some of the difficult audit decisions and provide a source of defense if the CPA is charged with conducting an inadequate audit OC. There is probably a greater harm from defining authoritative guidelines to specifically than to broadly as agreed upon by both the profession and the users of auditing services OD Too broad general requirements could tum auditing into mechanical evidence gathering that is vold of professional judgment