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Below Are a Number of Potential Areas Where a Gap

Question 34

Multiple Choice

Below are a number of potential areas where a gap between society's expectations of auditors and the perceived performance of auditors has been identified: I.compliance with laws and regulations.
II) the detection and reporting of earnings management and fraud.
III) ability to communicate different levels of assurance in the auditor's report.
Which combination of these has been identified as an expectations gap?


A) I and II only.
B) I and III only.
C) II and III only.
D) I, II and III.

Correct Answer:

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