The auditor's job is to believe statements made by management
A) as long as there is no contradictory evidence
B) if the cost of obtaining the evidence to support the statement is too great
C) only if the evidence supports the statement
D) never believe statements made by management
E) when they trust management
Correct Answer:
Verified
Q78: The management of a company has a
Q79: Management can override controls by
A)recording fictitious journal
Q80: Misappropriation of a company's assets can be
Q81: Professional skepticism involves
A)the persuasiveness of the evidence
Q82: Maintaining an attitude of professional skepticism requires
A)a
Q84: The auditor is required to document in
Q85: An estimation transaction involves
A)a decision by management
Q86: Factors that may influence the extent of
Q87: The fraud discussion may include the following
Q88: Fraudulent journal entries often have unique characteristics.These
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