What in auditing is the application of relevant knowledge and experience,within the context provided by auditing and accounting standards and Rules of Professional Conduct,in reaching decisions where a choice must be made between alternative possible courses of action?
A)professional judgment
B)professional skepticism
C)professional behaviour
D)professional standard

Question

Quizplus · Accepted Answer

Professional judgment refers to the application of relevant knowledge and experience within the context provided by auditing and accounting standards and Rules of Professional Conduct, to reach decisions where a choice must be made between alternative possible courses of action. Professional skepticism refers to the questioning mindset that auditors must have, and professional behavior relates to the ethical standards that auditors must follow. Professional standard refers to the guidelines and requirements set by regulatory bodies for the conduct of audits. Therefore, choice A is the best fit for the given definition.

What in Auditing Is the Application of Relevant Knowledge and Experience,within