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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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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