Question
__________ refers to the attitude that includes a
questioning mind and a critical assessment of audit evidence.Solution
Professional skepticism is an essential mindset for auditors. It involves maintaining a questioning and critical attitude when assessing audit evidence. Auditors with professional skepticism are not easily swayed by management assertions or documents, but instead seek to obtain sufficient and appropriate evidence to support their conclusions. This attitude helps auditors to objectively evaluate the reliability and integrity of financial information, identify potential misstatements or fraud, and ensure the overall quality and credibility of the audit process.
Consider the following statements:
1. Between 3:16 p.m. and 3:17 p.m., both hour hand and minute hand coincide.
2. Between 4:58 p.m. ...
A bank employee drives 10 km towards South from her house and turns to her left and drives another 20 km. She again turns left and drives 40 km, then s...
Which day is 10th October, 2027?
Five friends P, Q, X, Y and 2 purchased some notebooks. The relevant information is given below
1. Z purchased 8 notebooks more than X did.
Consider two Statement and a Question :
Statement - 1: Â Priya is 4 ranks below Seema and is 31st from the bottom.
Statement - 2: En...
If 15 × 14 × 13 ×…× 3 × 2 ×1 = 3m × n
where m and n are positive integers, then what is the maximum value of m?
...Which one of the following habits is found more often in good people ?
A pie diagram shows the percentage distribution of proteins, water and other dry elements in the human body. Given that proteins correspond to 16% and ...
Consider the Ouestion and two Statements given below :
Question : Is x an integer?
Statement-1 : x/3 is not an integer.
Stat...
Consider the Question Statements given below and two Question : Is 2 brother of X?
Statement-1: X is a brother of Y and Y is a brother of Z. <...
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