Which of the following is one of the four standards of reporting included in GAAS? a. Due
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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.
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The correct answer is d The report shall state that GAAS have been followed in th...View the full answer
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Related Book For 
Auditing And Assurance Services
ISBN: 9780072954449
1st Edition
Authors: Timothy J Louwers, Robert J. Ramsay, David Sinason, Jerry R Strawser
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