Take the following as truth: Because of the increased accountability associated with government audits, auditors performing financial audits in accordance with GAGAS should consider the following guidance related to audit risk and materiality (see paragraphs 4.26 and 4.27), internal control over safeguarding of assets (see paragraphs 4.28 through 4.33), internal control over compliance (see paragraphs 4.34 through 4.36), and professional judgment concerning possible fraud and illegal acts (see paragraphs 4.37 and 4.39).
Then the following statement: "All the paragraphs in question are written in a big old book of law with a long and complicated name, and you can get it at any library." is true, false, or inconclusive?
Answer: Inconclusive