5. The appropriate set of auditing standards for an audit of a foreign company listed on a US stock exchange A. AS B. GAAS C. GAAP D. IFRS 6. The appropriate set of auditing standards for an audit of a US company listed on a foreign stock exchange A. AS B. GAAS C. GAAP D. IFRS 7. The first standard of fieldwork requires the auditor be "competent" A. True B. False 8. Audit risk can be modeled as A. AR XIR x CRX DR B. IR x CRX ER CRMM X DR D None of the above 9. Not a component of the audit risk model A Detection Risk B. Inherited Risk C. Control Risk D. All of the above are components of the audit risk model