An Audit Establishes the Conformity of Assertions with Specified Criteria

question 16

Multiple Choice

An audit establishes the conformity of assertions with specified criteria.In an audit of a financial report, the criteria by which financial report assertions are judged are:

• A)the ethical rules of conduct.
• B)Australian Auditing Standards.
• C)listing rules of the Australian Securities and Investments Commission.
• D)applicable accounting standards.