Which of the Following Does the Public Expect of Auditors

question 66

Multiple Choice

Which of the following does the public expect of auditors?

• A) Understand and enforce principles that best portray the spirit of FASB concepts.
• B) Be neutral to preparers and users of financial information.
• C) Recognize that the investing public is the primary user of audit services.
• D) Take responsibility for the discovery of fraud.
• E) All of the above are expectations of the public.

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Definitions:

Persuasion

The act of convincing someone to do or believe something through reasoning or the use of emotional appeal.

Peripheral Arguments

Arguments that persuade by appealing to emotions or superficial associations rather than logic or reason.

Persuasion

The act or process of convincing someone to do or believe something through reasoning or the use of emotional appeal.

Attitudes

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor.