The Initial Development of Auditing Standards Was in Response to

The initial development of auditing standards was in response to

A) A scandal involving embezzlement that was not detected during an audit engagement.
B) Auditors' concerns that all components of the financial statements were not being verified.
C) Independent inquiries of the public accounting profession made by the SEC.
D) Requests by companies for greater assurance with respect to the auditors' ability to detect financial statement misstatements.