$31$

Multiple Cholce $$9\mathrm{.}75$ points

You find the client's financial statements include a significant amount of revenue from a new customer. As a member of the audit team, it is important that every member acply professional skepticism. Which of the following best exemplifhes this concept?

Discuss the issue and rely on your team members in making professional judgments

Accept management's representation of the facts

Approach the audit assuming that fraud already exists

Verify the existence and terms of the transactions with the customer

Clear my selection

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