The underlying conditions that create demand by users for reliable information include all of the following except
A) Transactions are numerous and complex.
B) Users lack professional skepticism.
C) Users are separated from accounting records by distance and time.
D) Financial decisions are important to investors and users.
E) Decisions are time sensitive.

Question

Quizplus · Accepted Answer

Users should have professional skepticism towards the reliability of the information provided to them. This skepticism can help in detecting errors or fraud in the financial information. Therefore, the lack of professional skepticism is not a condition that creates demand for reliable information, but rather one that could hinder the demand.

The Underlying Conditions That Create Demand by Users for Reliable