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T/F Questions 1. Vouching is any information used by the auditor to determine whether the information being audited is stated in accordance with the established
T/F Questions 1. Vouching is any information used by the auditor to determine whether the information being audited is stated in accordance with the established criteria. (a) True (b) False 2. Independence is referred to as the cornerstone of the auditing profession. (a) True (b) False 3. Professional skepticism is about achieving an appropriate balance between distrusting management and placing complete trust in the integrity of management. (a) True (b) False 4. Errors, within which we will include misstatements, can, generally, be described as "intentional mistakes" (a) True (b) False 5. Going concern assumption means that the business will carry on its activities in the same way for the foreseeable future (a) True (b) False
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