When evaluating audit findings, the auditor should consider any potential bias in management'sjudgement. Which if the these is not included in an auditor's concerns.1. Management's bias in estimation calculations2. Management's bias in accounting policies3. Management's bias in detection risk4. Management's bias in adjusting entry calculations

Option 1 is wrong because the management' bias in estimation calculations is to be considered to…

Answered: potential bias in management's ncerns,

Business

Accounting

potential bias in management's ncerns,

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

When evaluating audit findings, the auditor should consider any potential bias in management's
judgement. Which if the these is not included in an auditor's concerns.
1. Management's bias in estimation calculations
2. Management's bias in accounting policies
3. Management's bias in detection risk
4. Management's bias in adjusting entry calculations

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