Ask Question
BusinessBusiness
16 May, 10:22

Historically auditing standards have been organized into three categories, including: A) Standards of field work. B) Purpose of an audit. C) Responsibilities of the auditor. D) Proper planning and supervision

+1
Answers (1)
  1. 16 May, 10:47
    0
    The correct answer is letter "A": Standards of field work.

    Explanation:

    The Generally Accepted Auditing Standards or GAAS are the rules auditors follow when analyzing the financial statements of a company. The GAAS has three (3) main categories: general standards, standards of fieldwork, and standards of reporting. The body in charge of reviewing the GASS is the Auditing Standards Board (ASB).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Historically auditing standards have been organized into three categories, including: A) Standards of field work. B) Purpose of an audit. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Ken Olson, president of Digital Equipment Corp. in the late 1970's, Thomas J. Watson, chairman of IBM in the early 1940's, and Thomas Edison all made predictions about technology that were extremely wrong.
Answers (1)
Horton Industries' shareholders' equity included 140 million shares of $1 par common stock and a balance in paid-in capital - excess of par of $1,120 million.
Answers (1)
Suppose an employer can hire four low-skilled workers to move dirt with shovels at $5 an hour, or can hire one skilled worker at $24 an hour to move the same amount of dirt with a skid loader.
Answers (1)
Economic efficiency is achieved when social surplus is maximized consumer surplus is equally distributed
Answers (1)
If an economy's GDP falls, then it must be the case that the economy's Group of answer choices income falls and saving rises. income and saving both fall. income falls and expenditure rises. income and expenditure both fall.
Answers (1)
New Questions in Business
Which term refers to the practice of revaluing an acquired subsidiary's assets and liabilities to their fair values directly on that subsidiary's books at the date of acquisition?
Answers (1)
Supply-side market failures occur because it is impossible in certain cases for sellers to charge consumers what they are willing to pay for a product. a. True b. False
Answers (1)
A fee is paid a. for each overdraft. c. monthly to have overdraft. b. for the first overdraft. d. annually to have overdraft.
Answers (1)
With a traditional savings account, you could be charged a fee if: You open an account online You close the account You deposit too much money at once You withdraw money too often
Answers (1)
Marigold Industries incurs unit costs of $8 ($5 variable and $3 fixed) in making an assembly part for its finished product. A supplier offers to make 10,300 of the assembly part at $6 per unit.
Answers (1)
Home » Business » Historically auditing standards have been organized into three categories, including: A) Standards of field work. B) Purpose of an audit. C) Responsibilities of the auditor. D) Proper planning and supervision
Sign Up Forgot Password?