Which statement is incorrect regarding the
pronouncements of AASC?
a. The PSAs and Interpretations may also
have application, as appropriate, to other
related activities of auditors
b. PSAs contain basic principles and
essential procedures (identified in bold
type black lettering) together with
related guidance in the form of
explanatory and other material.
c. PSAs need only be applied to material
matters.
d. The Interpretations have the same
authority as the PAPSs
pronouncements of AASC?
a. The PSAs and Interpretations may also
have application, as appropriate, to other
related activities of auditors
b. PSAs contain basic principles and
essential procedures (identified in bold
type black lettering) together with
related guidance in the form of
explanatory and other material.
c. PSAs need only be applied to material
matters.
d. The Interpretations have the same
authority as the PAPSs