The Four PCAOB Standards of Reporting Are Concerned with All

question 54

Multiple Choice

The four PCAOB standards of reporting are concerned with all of the following except

• A) The presentation of the financial statements based on GAAS.
• B) The presentation of the financial statements based on GAAP.
• C) Whether principles are consistently applied, whether all informative disclosures have been made, and the degree of responsibility the auditor is taking.
• D) The degree of responsibility the auditor is taking.

---

Definitions:

Unrepentant Offender

An individual who continues to justify or show no remorse for their criminal or unethical actions.

Rational Understanding

Involves comprehending matters or concepts based on reason, logic, and factual evidence, distinguishing between logical and illogical arguments.

Career Criminals

Persons who engage in criminal activity as their main occupation, often repeatedly committing crimes and having multiple convictions.

Theory of Punishment

The systematic examination of the principles and justifications behind penalizing individuals for committing crimes.