It is always a good idea for auditors to begin an audt with the prolessional skepticism characterized by the assumption that:

Multiple Choice

a potential conflict of interest always exists between the audiar and the management of the enterprise under aude.

In audits of financial statements, the auditor acts excluslvely in the capacity of an auditor.

The professional status of the independert audior imposes commensuate professional obligations.

Financial statements and francial dats are vertable.