As it relates to an audit, which of following statement about professional skepticism is true?
A) Professional skepticism is not taken into consideration.
B) Professional skepticism relates only to the nature of procedures performed.
C) Professional skepticism is an attitude.
D) Professional skepticism is determined based upon the importance to a user of the financial statements.

Question

Quizplus · Accepted Answer

Professional skepticism is an attitude that includes a questioning mind and a critical assessment of audit evidence. It is an important characteristic for auditors to possess in order to properly evaluate and assess the validity of financial statement information. Options A, B, and D are inaccurate statements about professional skepticism.

As It Relates to an Audit, Which of Following Statement