The Standards of the PCAOB can be broken up into three categories,i.e.,general,fieldwork,and reporting.Which of the following concepts is considered in the reporting standards?
A)Consistency in the application of accounting principles.
B)Sufficient appropriate evidence.
C)Internal control.
D)Planning and supervision.

Question

Quizplus · Accepted Answer

Consistency in the application of accounting principles is considered in the reporting standards, as it relates to the proper disclosure and consistency of financial information presented in the financial statements. Sufficient appropriate evidence and internal control are concepts considered in the fieldwork standards, while planning and supervision are concepts considered in the general standards.

The Standards of the PCAOB Can Be Broken Up into Three