ACP AUDITING - RISK BASED APPROACH
ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
Question
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Chapter 2, Problem 36RSCQ

a.

To determine

Introduction:Professional skepticism can be explained as the confirmation of information through inquiry, the significant evaluation of the shreds of evidence obtained and focusing more on the inconsistencies.

To explain:The term professional skepticism.

b.

To determine

Introduction:Professional skepticism can be explained as the confirmation of information through inquiry, the significant evaluation of the shreds of evidence obtained and focusing more on the inconsistencies.

To identify:The reason why professional skepticism is helpful in frauds detection.

c.

To determine

Introduction:Professional skepticism can be explained as the confirmation of information through inquiry, the significant evaluation of the shreds of evidence obtained and focusing more on the inconsistencies.

To identify:The key behaviors that are necessary for professional skepticism.

d.

To determine

Introduction:Professional skepticism can be explained as the confirmation of information through inquiry, the significant evaluation of the shreds of evidence obtained and focusing more on the inconsistencies.

To identify:The difficulties for auditors to exercise professional skepticism.

e.

To determine

Introduction:Professional skepticism can be explained as the confirmation of information through inquiry, the significant evaluation of the shreds of evidence obtained and focusing more on the inconsistencies.

To identify: The characteristics and behaviors of the client companies to examine the authenticity in evidences provided by them.

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