One of the Key Differences Between a Financial Statement Audit

One of the key differences between a financial statement audit and a value for money (VFM) audit is ________.

A) in most cases,VFM audits have mandates established through legislation or contracts
B) in a financial statement audit,the auditor has to use his or her professional judgment to redefine the broad mandate in specific terms with specific objectives
C) in a VFM audit,standards are defined by professions and associations
D) in a financial statement audit,sufficient appropriate evidence must be obtained to afford a reasonable basis to support the content of the auditor's report

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