In Relation to Changes to Auditing Regulation It Is True

question 5

Multiple Choice

In relation to changes to auditing regulation it is true that:

• A)the CLERP reforms and the Sarbanes-Oxley reforms are very similar in approach.
• B)the CLERP reforms in Australia are more rules-based than the Sarbanes-Oxley reforms.
• C)the Sarbanes-Oxley reforms in the USA are principles-based.
• D)the Sarbanes-Oxley reforms are more rules-based and the CLERP reforms are more principles-based.

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Definitions:

Behavioural Skills

Personal attributes and specific behaviors that enable individuals to communicate effectively, collaborate, and successfully manage themselves and others.

Performance Outcomes

The results or achievements of an individual's or group's work, measured against goals or standards.

Affective Outcomes

Emotional responses or attitudes that result from participating in a learning or training program, which can influence motivation and engagement.

Cognitive Outcomes

Cognitive outcomes are the changes in understanding, knowledge, or skills that result from educational or training experiences.