Question: Part I: A well-known, simple characterization that gets at the very essence of the purpose of auditing includes the following phrase: Auditing is the difference

Part I: A well-known, simple characterization that gets at the very essence of the purpose of auditing includes the following phrase: Auditing is the difference between management telling the truth, and users believing it. (ORIGINAL ANSWERS ONLY)

1.a.
What does this phrase mean to you?
Have you ever told the truth and had someone refuse to believe it?
How does this phrase relate to the usefulness of the auditor report?

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