Which of the following is most likely to be an attribute unique to the financial statement audit work of CPAs, compared with work performed by attorneys or practitioners of other business professions?
A)Due professional care
B)Competence
C)Independence
D)A complex underlying body of professional knowledge

Question

Quizplus · Accepted Answer

Independence is a key attribute unique to the financial statement audit work of CPAs, as they are required to maintain independence in order to provide unbiased opinions on the financial statements of their clients. Attorneys and other business professions may not have the same independence requirements in their work. Due professional care, competence, and a complex underlying body of professional knowledge are important attributes for many professions, including CPAs, but are not necessarily unique to financial statement audit work.

Which of the Following Is Most Likely to Be an Attribute