Question

Which of the following best demonstrates the concept of professional skepticism?
a. Relying more extensively on external evidence rather than internal evidence.
b. Focusing on items that have a more significant quantitative effect on the entity’s financial statements.
c. Critically assessing verbal evidence received from the entity’s management.
d. Evaluating potential financial interests held by auditors in the client.



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  • CreatedOctober 27, 2014
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