Which of the Following Bodies Is Able to Impose Penalties

question 17

Multiple Choice

Which of the following bodies is able to impose penalties on auditors who have failed to carry out their duties properly?

• A) Financial Reporting Council.
• B) Companies Auditors and Liquidators Disciplinary Board.
• C) Auditing and Assurance Standards Board.
• D) All of the options listed here are correct.

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Definitions:

Circulation

The process by which blood is pumped by the heart through the vascular system, delivering oxygen and nutrients to and removing waste products from cells.

Acupuncture

A complementary medical practice that entails stimulating certain points on the body, most often with a needle penetrating the skin, to alleviate pain or to help treat various health conditions.

Popular

Well-liked by many people or regarded favorably in the public opinion.

Insurance

A contract represented by a policy in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.