Which of the following requires accountants to use adequate procedures so that they can detect illegal acts committed by an audited company?

Question

Quizplus · Accepted Answer

A)The Private Securities Litigation Reform Act PSLRA)placed new statutory
obligations on accountants by requiring that they use adequate procedures when performing an audit so that they can detect any illegal acts committed by the audited company.
B)The Private Securities Litigation Reform Act PSLRA)placed new statutory obligations on accountants by requiring that they use adequate procedures when performing an audit so that they can detect any illegal acts committed by the audited company.
C)The Private Securities Litigation Reform Act PSLRA)placed new statutory obligations on accountants by requiring that they use adequate procedures when performing an audit so that they can detect any illegal acts committed by the audited company.
D)The Private Securities Litigation Reform Act PSLRA)placed new statutory obligations on accountants by requiring that they use adequate procedures when performing an audit so that they can detect any illegal acts committed by the audited company.
E)The Private Securities Litigation Reform Act PSLRA)placed new statutory obligations on accountants by requiring that they use adequate procedures when performing an audit so that they can detect any illegal acts committed by the audited company.

Which of the Following Requires Accountants to Use Adequate Procedures