Which of the following is an important feature of external auditors?
A)They are independent of the entity.
B)They have previous experience managing the entity.
C)They have an ownership interest in the entity.
D)They provide many other services to the entity while engaged as auditors.

Question

Quizplus · Accepted Answer

Independence is a crucial factor in external auditing to ensure objectivity and impartiality in the auditing process. If auditors have previous experience managing the entity, there is a risk of bias and lack of independence. Having an ownership interest or providing other services to the entity can also compromise their independence.

Which of the Following Is an Important Feature of External