When workpapers are evaluated by audit management,they will be judged against the standard of
A)professional judgment
B)due care
C)legal liability
D)due diligence

Question

Quizplus · Accepted Answer

Workpapers are evaluated against the standard of due care, which requires auditors to exercise a level of professional skepticism and diligence in their work. This includes gathering sufficient evidence, considering all available information, and following all necessary procedures to ensure that the audit is conducted in accordance with accepted standards and practices. Legal liability and due diligence are related concepts, but they are not the primary standards used to evaluate workpapers in an audit context. Professional judgment is also important, but it is not a specific standard like due care.

When Workpapers Are Evaluated by Audit Management,they Will Be Judged