Question

When evaluating​ strategies, GAAS stands for what​ term?

Answer 1

Answer: B) Generally accepted auditing standards

Explanation:

Generally accepted auditing standards are the standards in evaluation strategy field which helps in judging the quality of audits and their standard.These guidelines monitor auditing financial record of an organization while evaluation takes place.

Other options are incorrect because Generally accepted actuary standards,Generally accepted administrative standards, Generally accepted actuary scales and  Generally accepted administrative scales are the GAAS's full form.Thus, the correct option is option(B).