- 1 Marks
AAA – Nov 2013 – L3 – A – Q14 – Regulatory Framework and Professional Standards
This question assesses knowledge of factors that weaken local auditing standards and identifies an unrelated factor.
Question
Factors that contribute to the weaknesses of local auditing standards include the following EXCEPT:
A. Standard setters being subject to political pressures
B. Having inadequate resources
C. Being insufficiently timed in response to market needs
D. Loss of investment by stakeholders
E. Having sources of fund which raise questions about their independence
Find Related Questions by Tags, levels, etc.
- Tags: Audit Standards, Independence, Local Auditing Standards, Regulatory Framework
- Level: Level 3
- Topic: Regulatory Framework and Professional Standards
- Series: NOV 2012
