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Describes primary purpose of statements on auditing standard

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Reference no: EM13506772

Which of the following statements best describes the primary purpose of Statements on Auditing Standards?

They are guides intended to set forth auditing procedures that are applicable to a variety of situations.
They are procedural outlines that are intended to narrow the areas of inconsistency and divergence of auditor opinion.
They are authoritative statements, enforced through the Code of Professional Conduct.
They are interpretive guidance.

Reference no: EM13506772

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