Which of the following is an accurate statement concerning the auditor's responsibility to consider laws and regulations?

A$.$ It is the responsibility of the auditor to determine if an act constitutes noncompliance.

B$.$ The auditor's responsibility will depend on whether the laws or regulations are expected to have a direct impact on the financial statements.

C$.$ Auditors can follow an easy, step $-$ by $-$ step procedure to determine how laws and regulations impact the financial statements.

D$.$ The auditor must inform an outside party if management has knowingly not complied with a law or regulation.