Generally accepted auditing standards are divided into three groups.Which of the following is a standard in the "reporting" group?
A)Training
B)Supervision
C)Evidence
D)Disclosure

Question

Quizplus · Accepted Answer

Disclosure is a standard in the "reporting" group, which includes standards related to the auditor's report and the financial statements. Training and supervision are standards in the "fieldwork" group, while evidence is a standard in both the "fieldwork" and "reporting" groups.

Generally Accepted Auditing Standards Are Divided into Three Groups