subject : Auditing and assurance

Which of the following statements is correct about the status of auditing as a profession? A. Auditing obtained its status as a profession through the establishment of the Australian Auditing and Assurance Board. B. Auditing is recognised as a profession through its registration with the Australian Securities and Investments Commission. C. Auditing obtains its status as a profession through community sanction. D. Auditing is recognised as a profession because it generates high fees. a. A b. B C. C d. D