The auditor must gather evidence guided by the standard of due professional care.Due professional care requires the auditor
A) to perform audit duties with skill comparable to that of any other auditor
B) to gather statements and interpret statements in a manner that any other professional would have done
C) to know accounting and auditing requirements
D) to be knowledgeable about the economy
Correct Answer:
Verified
Q74: If the financial statements do not present
Q75: Management is responsible for
A)gathering sufficient evidence
B)the preparation
Q76: Which of the following statements is an
Q77: Tests done by the auditor that are
Q78: Substantive tests of balances are typically done
Q80: Substantive tests answer the question
A)Do the financial
Q81: When management presents the financial statements to
Q82: When management presents the financial statements to
Q83: When management presents the financial statements to
Q84: Professional skepticism is closely linked to due
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents