Which of the following best demonstrates the concept of professional skepticism?a. Relying more extensively on external evidence rather than internal evidence.b. Focusing on items that have a more significant quantitative effect on the entity’s financialstatements.c. Critically assessing verbal evidence received from the entity’s management.d. Evaluating potential financial interests held by auditors in the client

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter14: Completing A Quality Audit
Section: Chapter Questions
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Which of the following best demonstrates the concept of professional skepticism?
a. Relying more extensively on external evidence rather than internal evidence.
b. Focusing on items that have a more significant quantitative effect on the entity’s financial
statements.
c. Critically assessing verbal evidence received from the entity’s management.
d. Evaluating potential financial interests held by auditors in the client

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