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zhannawk [14.2K]
2 years ago
7

_________________ is the authoritative source of governmental auditing standards. In other words, governmental auditing standard

s are found in this source/document. The FASB Codification The GASB Codification (or GARS Online) The Yellow Book The FASAB Handbook
Business
1 answer:
Sergeu [11.5K]2 years ago
7 0

The answer is The Yellow Book.

This book outlines the requirements for audit reports, professional qualifications for auditors, and audit organization quality control.

This means that the auditors of federal, state, and local government programs have to use these standards to perform their audits and produce their reports.

The Yellow Book is used by auditors of government entities, including the entities that receive government awards, and other audit organizations performing Yellow Book audits.

Hence, The Yellow Book is the authoritative source of governmental auditing standards. In other words, governmental auditing standards are found in this source/document.

]

Learn more about Federal Government:

brainly.com/question/12486518

#SPJ4

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The correct answer is c) rises.

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Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally participate in the international market. In this sense, it can boost its foreign trade.

It is then the basic idea that countries choose to specialize in order to trade in activities where they have a certain advantage. That is, instead of producing what they do best in an absolute way, they produce what they do best in a relative way. Therefore, the difference with the theory of absolute advantage is that it does not produce what the country costs less, but the one with lower comparative costs.

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