Auditors Must Keep a Questioning Mind When Analyzing Management Responses

question 9

True/False

Auditors must keep a questioning mind when analyzing management responses to inquiry and auditors should strive to obtain corroborating evidence before accepting the management responses.

---

Definitions:

Cue Cards

Small note cards used as prompts or reminders, often in public speaking, presentations, or theatrical performances to assist in recalling information.

Uprising in Hungaria

Refers to various historical revolts in Hungary, the most notable being the Hungarian Revolution of 1848 against Habsburg rule, aiming for independence and democratic reform.

Radio Free Europe

A broadcast organization created during the Cold War to provide news, information, and analysis to countries in Eastern Europe and the Soviet Union, aimed at undermining communist regimes.

CIA Operatives

Individuals working for the Central Intelligence Agency, often involved in covert operations, surveillance, and intelligence gathering internationally.