Which of These Statements in Relation to the Regulation of Auditors

question 2

Multiple Choice

Which of these statements in relation to the regulation of auditors is not true?

• A)The choice of statutory regulation rather than self-regulation may reflect political differences between countries in the approach to management of capital markets
• B)Statutory regulation is consistent with a country having a more centralised,interventionist approach to regulation
• C)The worldwide trend in recent years has been towards more self -regulation for auditors.
• D)In France and Italy regulation was from earlier times the responsibility of state authorities.