Maintaining an attitude of professional skepticism requires
A) a continuous questioning of the evidence gathered to determine if it suggests that a misstatement due to fraud exists
B) never believing a statement from management without additional evidence to support management's statement
C) believing that management is inherently dishonest
D) believing that management will act in his or her self-interest when making decisions about the company
Correct Answer:
Verified
Q77: The term "earnings management" is often used
Q78: The management of a company has a
Q79: Management can override controls by
A)recording fictitious journal
Q80: Misappropriation of a company's assets can be
Q81: Professional skepticism involves
A)the persuasiveness of the evidence
Q83: The auditor's job is to believe statements
Q84: The auditor is required to document in
Q85: An estimation transaction involves
A)a decision by management
Q86: Factors that may influence the extent of
Q87: The fraud discussion may include the following
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