AGA GAFRB Exam - Topic 3 Question 17 Discussion

Actual exam question for AGA's GAFRB exam

Question #: 17
Topic #: 3

The four general government auditing standards are

Acompliance, timeliness, qualifications and due professional care.

Bsupervision, planning, management controls and evidence.

Cplanning, internal controls, independence and irregularities.

Dqualifications, independence, due professional care and quality control.
What Are the Four General Government Auditing Standards?
These standards, as defined in the GAO Yellow Book (Government Auditing Standards):
Qualifications: Auditors must have the necessary professional skills and competence to perform their work.
Independence: Auditors must remain free from personal, external, and organizational impairments to maintain objectivity.
Due Professional Care: Auditors must exercise care and diligence, adhering to professional standards and ethical requirements.
Quality Control: Auditors must establish and maintain a system of quality control to ensure audit work meets professional standards.
Why Is Option D Correct?
These four elements are explicitly outlined in the GAO Yellow Book as the core principles of government auditing standards.
Why Other Options Are Incorrect:
A . Compliance, timeliness, qualifications, and due professional care: Timeliness and compliance are not part of the four general standards; they are components of audit objectives.
B . Supervision, planning, management controls, and evidence: These are aspects of audit performance, not general standards.
C . Planning, internal controls, independence, and irregularities: Planning and internal controls are part of the audit process, not general standards.
Reference and Documents:
GAO Yellow Book (Generally Accepted Government Auditing Standards - GAGAS): Lists qualifications, independence, due professional care, and quality control as the four general standards.
AICPA Audit Standards: Aligns with GAGAS in emphasizing these four principles.

Show Suggested Answer

Suggested Answer: D

by Kayleigh at May 02, 2026, 07:39 PM

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Jolene

17 days ago

I feel like I might confuse the options. I know quality control is one of them, but I can’t recall if it’s in D or another option.

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Lizbeth

22 days ago

I remember practicing a question similar to this, and I think it had something to do with qualifications and independence being key standards.

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Afton

27 days ago

I think the four general government auditing standards are really important, but I’m not sure if I remember them all correctly.

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