The statement concerning Mautz and Sharaf's work on auditing theory in the 1960's that is not correct is:
A)They attempted to provide a comprehensive theory of auditing
B)They believed that in essence auditing was a practical exercise
C)They developed eight postulates as a foundation for the theory of auditing
D)The concepts they developed are embedded in current auditing standards

Question

Quizplus · Accepted Answer

Mautz and Sharaf's work in the 1960s aimed at providing a theoretical foundation for auditing, emphasizing the importance of theory in understanding and guiding auditing practices, rather than viewing it merely as a practical exercise.

The Statement Concerning Mautz and Sharaf's Work on Auditing Theory