The reasonableness gap is: Select one: A. B. C. The difference between what financial statement users believe the audit provides and what an audit actually provides. The gap comprising deficient performance and deficient standards. The gap between what society can reasonably expect auditors to accomplish and what they are perceived to achieve. D. The gap between what society expects auditor to achieve and what they can reasonably be expected to achieve

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The reasonableness gap is:
Select one:
A.
B.
C.
D.
The difference between what
financial statement users believe
the audit provides and what an
audit actually provides.
The gap comprising deficient
performance and deficient
standards.
The gap between what society
can reasonably expect auditors
to accomplish and what they are
perceived to achieve.
The gap between what society
expects auditor to achieve and
what they can reasonably be
expected to achieve
Transcribed Image Text:The reasonableness gap is: Select one: A. B. C. D. The difference between what financial statement users believe the audit provides and what an audit actually provides. The gap comprising deficient performance and deficient standards. The gap between what society can reasonably expect auditors to accomplish and what they are perceived to achieve. The gap between what society expects auditor to achieve and what they can reasonably be expected to achieve
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