An audit conducted in accordance with the Yellow Book must include an audit report that states the audit was performed in accordance with
A) Generally Accepted Auditing Standards (GAAS).
B) Generally Accepted Government Auditing Standards (GAGAS).
C) Generally Accepted Standards on Auditing (GASA).
D) Statements on Auditing Standards (SAS).

Question

Quizplus · Accepted Answer

The Yellow Book refers to the Generally Accepted Government Auditing Standards (GAGAS), so an audit conducted in accordance with the Yellow Book must include an audit report that states the audit was performed in accordance with GAGAS.

An Audit Conducted in Accordance with the Yellow Book Must