In the U.S., if the auditor can demonstrate having performed services with the same degree of skill and judgment possessed by others in the profession, it can be said to have exercised:
A) Prudence
B) Scienter
C) Nonfeasance
D) Due Care

Question

Quizplus · Accepted Answer

Due care refers to the auditor's obligation to perform services with the same degree of skill and judgment possessed by others in the profession. It is a standard of care that their peers in the profession would also follow. The other options are not relevant to this concept.

In the US, If the Auditor Can Demonstrate Having Performed Services with Services