The answer would be false.
Answer:
B) I and III
Explanation:
Generally Accepted Audit Standards are used for auditing private companies. They provide systematic guidelines to auditors when conducting audits on companies' financial statements. They check for the auditor's verifiability of the company's compliance to the Generally Accepted Accounting Principles (GAAP) as well as their accuracy and consistency of their records. Therefore, choices I and III are correct.
This individual is known as the IT or the Information Technology Expert of the Company. He is engaged in developing programs that would make work in a company quicker and more efficient. ITs are actually very important people in our technologically developing world.
