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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 63
Which of the following best demonstrates the concept of professional skepticism?
A) Relying more extensively on external evidence rather than internal evidence.
B) Focusing on items that have a more significant quantitative effect on the entity's financial statements.
C) Critically assessing verbal evidence received from the entity's management.
D) Evaluating potential financial interests held by auditors in the client.
A) Relying more extensively on external evidence rather than internal evidence.
B) Focusing on items that have a more significant quantitative effect on the entity's financial statements.
C) Critically assessing verbal evidence received from the entity's management.
D) Evaluating potential financial interests held by auditors in the client.
Explanation
Verified
Verified
The verbal evidence is not reliable evid...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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