Generally accepted auditing standards established by the AICPA through April of 2003: Multiple Choice Provide accounting guidance for nonpublic companies. Were accepted as interim standards by the Public Company Accounting Oversight Board. Are now developed by the Securities and Exchange Commission. Were also adopted as international auditing standards at that date.

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form