A level of performance that would be exercised by reasonable auditors in similar circumstances is referred to as
A)Due care
B)Independence
C)Professional judgment
D)Professional skepticism

Question

Quizplus · Accepted Answer

Due care is a standard that refers to the level of performance expected from an auditor in similar circumstances, taking into account the auditor's knowledge, skills, and experience. This standard requires auditors to exercise reasonable care and professional skepticism when performing an audit. Independence refers to the auditor's ability to be unbiased and free from conflicts of interest. Professional judgment and professional skepticism are important components of due care, but they are not the same as the standard itself.

A Level of Performance That Would Be Exercised by Reasonable