Because of the risk of material misstatement due to improper management representations, an audit of financial statements in accordance with GAAS should be performed with:

A. Objective judgment
B. Professional skepticism
C. Internal controls
D. Due diligence


B. Professional skepticism

Business

You might also like to view...

Enzyme inhibition is the process that turns off an enzyme in a metabolic pathway. One way this can happen is for the end product of the pathway to act as an inhibitor.

Answer the following statement true (T) or false (F)

Business

Edward Bernays is remembered as a public relations pioneer largely due to his straight-ahead journalistic approach to the practice of public relations

Indicate whether the statement is true or false

Business

The provision of outputs for an organization in an environmentally acceptable manner occurs via _____________.

What will be an ideal response?

Business

In a corporation that has a many businesses, the corporation needs one ______.

a. corporate strategy b. business strategy c. functional strategy d. divisional strategy

Business