Match the term or phrase with the appropriate description.

Question 5 options:

Integrity Principles used to determine auditor independence Controls that mitigate or eliminate threats to auditor's independence Diligence Conflict of interest General Standards Rule

Due Professional Care

Objectivity The Cohen Commission Undue influence threat 1.Certain relationships impair objectivity2.Prohibitions, restrictions, policies, practices, standards, rules, and environmental conditions 3.The public trust derives from the recognition of this quality; the benchmark against which a member must ultimately test all decisions; adherence to moral and ethical principles4.Established to develop conclusions and recommendations regarding the appropriate responsibilities of independent auditors5.Responsibility to render services promptly and carefully, and to observe applicable technical and ethical standards 6.The ability to stand back as a thirdparty observer, to set aside personal interests and appraise an issue on its own merits7.AICPA member will subordinate their judgment due to an individual's reputation or expertise, aggressive personality, or attempts to coerce or exercise excessive influence over the member 8.Exercised in the planning and performance of the audit and the preparation of the report; imposes a responsibility to observe the standards of field work and reporting9.The level of independence risk; Determining the acceptability of the level of independence risk; Considering benefits and costs; Considering interested parties' views in addressing auditor independence issues10.Planning and Supervision. Sufficient Relevant Data; Professional Competence; Due Professional Care