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.
Correct Answer:
Verified
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