The words that best describes the relationship which should exist between the external auditor and the management of the client company are:
A) adversarial relationship.
B) mutual trust and respect.
C) advocacy of management's position.
D) skeptical vigilance.

Question

Quizplus · Accepted Answer

Mutual trust and respect is the foundation of a healthy relationship between the external auditor and the management of the client company. This relationship is based on the understanding that both parties have a common goal: to ensure the accuracy and reliability of the company's financial statements.

The Words That Best Describes the Relationship Which Should Exist