Which of the following types of audits are ordinarily performed following generally accepted auditing standards? A....

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Which of the following types of audits are ordinarily performed following generally accepted auditing standards? A. Public Co

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Answer 1

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The Answer is option (A) : Both public company Audit and non public company Audit ordinarily follow generally accepted auditing standards (GAAS).

GAAS are the auditing standards that help to measure the quality of audits. Auditor review and report on the financial records of companies according to the generally accepted auditing standards.

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