Independence in Fact Is Where

question 40

Multiple Choice

Independence in fact is where:

• A) the audit firm does not provide any non- assurance services to the audit client.
• B) the general public considers that the auditor has acted objectively.
• C) the audit firm has an effective quality control system in place in the conduct of an audit.
• D) the auditor maintains an unbiased attitude during the audit.

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Definitions:

Social Thinker

An individual, often a philosopher or sociologist, who develops ideas and theories about society, its structures, and dynamics.

Darwin's Theory

Refers to Charles Darwin's theory of evolution by natural selection, explaining the adaptation and survival of species over time.

Genetic Pollution

The unintended spread of altered genes from genetically modified organisms to natural organisms, considered harmful to the genetic integrity of the wild species.

Ecological Catastrophe

A severe, often sudden environmental disaster that results in significant ecological damage or degradation.