Due professional care requires auditors to:

A. disregard any evidence generated by the auditee during the audit.
B. find every error contained in the financial statements prepared by management.
C. obtain independent, third party (non-auditee) documentation as evidence for all information presented in the financial statements.
D. exercise professional skepticism during the audit.


Answer: D

Business

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A) latent market. B) incipient market. C) cluster market. D) existing market. E) primary market.

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Business

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a. the high effect of the business cycle on sales b. high foreign competition c. low average sales d. saturation of retail facilities

Business