Which of the Following Could Serve as a Source of Professional

question 14

Short Answer

Which of the following could serve as a source of professional guidance in the audit of a public entity? $$\begin{array} { c c c } &\text { Auditing Standards } & \text { Statements on Auditing } \\&\text { issued by the } & \text { Standards issued by the } \\& \text { PCAOB } & \text { ASB } \\\text { A. } &\text { Yes } & \text { No } \\\text { B. } & \text { Yes } & \text { Yes } \\\text { C. }&\text { No } & \text { Yes }\\\text { D. }&\text { No } & \text {No }\\\end{array}$$

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Definitions:

Political Action

Activities or movements organized by individuals or groups to influence or enact changes in government policy or public opinion.

Political Correctness

The avoidance of expressions or actions that can exclude, marginalize, or insult groups of people traditionally discriminated against.

Marginalized Groups

Populations or communities that are excluded, disadvantaged, or relegated to the fringe of society based on a variety of factors like race, gender, economic status, or sexuality.

Busing System

A method of transportation that uses buses to move people from one place to another, often used in the context of desegregating schools by transporting students to schools outside their neighborhoods.