The sources of demand for audit and assurance services does not include
A) independence.
B) complexity.
C) reliability.
D) competing incentives.

Question

Quizplus · Accepted Answer

Independence is not a source of demand for audit and assurance services, but rather a fundamental requirement for their effective execution. The sources of demand include complexity, reliability, and competing incentives, as these all contribute to the need for audit and assurance services to ensure accurate and transparent financial reporting.

The Sources of Demand for Audit and Assurance Services Does