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    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.

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