What Is the Scope of Applicability of the Auditing Standards

question 36

Multiple Choice

What is the scope of applicability of the auditing standards of the AICPA?

• A)Nonpublic companies traded in non-U.S.markets.
• B)Nonpublic companies in the U.S.
• C)Public companies traded in non-U.S.markets.
• D)Public companies traded in the U.S.

---

Definitions:

North America

A continent entirely within the Northern Hemisphere and almost all within the Western Hemisphere; it includes countries like the United States, Canada, and Mexico.

Pietism

Pietism is a movement within Lutheranism that emphasizes personal faith over formal church practices, the importance of a devout and personal relationship with God, and the expression of Christian values in daily life.

Religious Reform Movement

Movements aimed at modifying or radically reforming the beliefs and practices within a religious faith, often to return to a more authentic or original version of the faith.

Society for the Propagation

A historical organization perhaps referring to the Society for the Propagation of the Gospel in Foreign Parts (SPG), an Anglican missionary organization active in the British colonies.