As it relates to an audit,which of the following statements about professional skepticism is true?
A)Professional skepticism is not taken into consideration.
B)Professional skepticism relates only to the nature of procedures performed.
C)Professional skepticism is an attitude.
D)Professional skepticism is determined based upon the importance to a user of the financial statements.

Question

Quizplus · Accepted Answer

Professional skepticism is an attitude that includes a questioning mind and a critical assessment of evidence. It is an important concept in auditing as it allows auditors to approach an engagement with a critical mindset and maintain an objective stance towards the information provided by the client. Options A, B, and D are incorrect as they do not accurately reflect the nature of professional skepticism.

As It Relates to an Audit,which of the Following Statements