Which of the Following Statements About the Auditing Standards Issued

question 68

Multiple Choice

Which of the following statements about the auditing standards issued by the AICPA is true?

• A)The auditing standards issued by the AICPA are no longer recognized by the PCAOB.
• B)The auditing standards issued by the AICPA are no longer recognized by the profession because the AICPA voted itself out of existence.
• C)The auditing standards issued by the AICPA continue to be issued by that organization for audits of public companies.
• D)The auditing standards issued by the AICPA were used by the PCAOB as a starting point.