📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Which of the following best describes the principle of

    professional skepticism in auditing?
    A Acceptance of client’s word unless proven false Correct Answer Incorrect Answer
    B Use of expert valuation Correct Answer Incorrect Answer
    C Critical assessment of audit evidence Correct Answer Incorrect Answer
    D Dependence on management representations Correct Answer Incorrect Answer

    Solution

    Professional skepticism is an attitude that includes a questioning mind and a critical assessment of evidence – fundamental to high-quality audits.

    Practice Next
    ask-question