In order to provide reasonable assurance the audit must be performed with an attitude of professional skepticism. Which of the following is most correct regarding the "attitude" of professional skepticism?
A) auditors should assume that management is dishonest
B) auditors should assume that management is neither dishonest nor honest
C) auditors should assume that management is honest and mistakes are unintentional
D) auditors should assume that management is incumbent in preparing financial statements

Question

Quizplus · Accepted Answer

The attitude of professional skepticism entails an approach where the auditor neither assumes that management is honest nor dishonest. The auditor should maintain a neutral stance and independently evaluate the evidence presented. This approach helps reduce the risk of overlooking material misstatements.

In Order to Provide Reasonable Assurance the Audit Must Be