B is corrent because auditors are responsible for compliance with generally accepted auditing standards and comparison of their performance against these standards is appropriate.
A is incorrect because while Interpretations of the Statements on Auditing Standards provide timely guidance on the application of certain pronouncements of the Auditing Standards Board, their coverage is less complete than the standards.
C is incorrect because Statements on Quality Control Standards provide guidance for CPA firms in meeting their responsibility to provide professional services that conform with professional standards.
D is incorrect because Statements of the Financial Accounting Standards Board deal with GAAP which are used to prepare financial statements, but do not address the auditor’s examination of the statements.
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