The principles underlying an audit
A. contain the procedures that must be followed during an audit.
B. carry the same authority as AICPA auditing standards.
C. only apply to the audits of public companies
D. provide structure for the clarified Codification.
Answer:D
The principles underlying an audit
A. contain the procedures that must be followed during an audit. B. carry the same authority as AICPA auditing standards. C. only apply to the audits of public companies D. provide structure for the clarified Codification.