Which of the following best demonstrates the concept of professional skepticism? a. Relying more extensively on external

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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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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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