Which of the following statements is true about the GAO's government auditing standards (GAS) and the...
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Which of the following statements is true about the GAO's government auditing standards (GAS) and the AICPA's generally accepted auditing standards (GAAS)? OA. GAS and GAAS are used in a financial audit of a business. OB. Only GAS include independence requirements of auditors who do nonaudit work. OC. Both GAS and GAAS include general, fieldwork, and reporting standards for financial audits. OD. Both GAS and GAAS include standards for conducting financial, attestation, and performance audits. Which of the following statements is true about the GAO's government auditing standards (GAS) and the AICPA's generally accepted auditing standards (GAAS)? OA. GAS and GAAS are used in a financial audit of a business. OB. Only GAS include independence requirements of auditors who do nonaudit work. OC. Both GAS and GAAS include general, fieldwork, and reporting standards for financial audits. OD. Both GAS and GAAS include standards for conducting financial, attestation, and performance audits.
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