FOR MORE CLASSES VISIT www.acc562edu.com 1. Developing an understanding of the client's business and industry is essential to proficiency as discussed in the general standards of GAAS. (Points: 4) True False 2. Ratio analysis only involves a year-to-year comparison of... account balances. (Points: 4) True False 3. Control is considered to be part of corporate governance. (Points: 4) True FalseMore