Take the following as truth: Thus, whereas AICPA standards cite two main purposes of audit documentation--providing the principal support for the audit report and aiding auditors in performing and supervising the audit--audit documentation serves an additional purpose in audits performed in accordance with GAGAS.
Then the following statement: "Back in the 1980s, AICPA standards and GAGAS were virtually identical." is true, false, or inconclusive?
Answer: Inconclusive