When assessing fraud risk,an auditor will adopt an attitude of:
A)Confidentiality.
B)Professional scepticism.
C)Belief in management.
D)None of the above.

Question

Quizplus · Accepted Answer

When assessing fraud risk, an auditor should adopt an attitude of professional scepticism, which means having a questioning mind and a critical assessment of available evidence. This approach helps auditors to identify potential fraud risks and to perform audit procedures that are more effective in detecting any fraud that is taking place. The other options (confidentiality and belief in management) are not relevant to the auditor's attitude towards fraud risk.

When Assessing Fraud Risk,an Auditor Will Adopt an Attitude Of