Professional Skepticism Is an Attitude That Includes a Critical Assessment

question 48

True/False

Professional skepticism is an attitude that includes a critical assessment of audit evidence, and should be applied when planning and performing all aspects of the engagement.

---

Definitions:

Alderfer's ERG Theory

A motivational theory presented by Clayton Alderfer that categorizes human needs into three groups—Existence, Relatedness, and Growth—which influence individual behavior.

McClelland's Acquired Needs Theory

A motivational theory suggesting that individuals are driven by three main needs: achievement, affiliation, and power, which they acquire over time.

Arranged Hierarchy

A system where people or groups are ranked one above the other according to status or authority.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which suggests that humans are motivated by a hierarchy of needs, starting from basic physiological needs to self-actualization.