Which of the Following Statements BEST Describes the Auditor's Responsibility

question 14

Multiple Choice

Which of the following statements BEST describes the auditor's responsibility regarding the detection of fraud? The auditor has

• A) equal responsibility for detecting errors, fraud, and indirect-effect illegal acts.
• B) greater responsibility for detecting material errors than fraud.
• C) greater responsibility for detecting material errors than fraud and direct-effect illegal acts.
• D) equal responsibility for detecting errors, fraud, and direct-effect illegal acts.

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Definitions:

Rawls

A philosopher best known for his theory of justice as fairness, which emphasizes principles of equality and liberty in organizing society.

Kant

Refers to Immanuel Kant, an 18th-century German philosopher known for his work in epistemology, ethics, and metaphysics, emphasizing duty, moral law, and the categorical imperative.

Mill

Refers to John Stuart Mill, a British philosopher and economist best known for his contributions to the philosophy of Utilitarianism and liberty.

Autonomy

The capacity of individuals to make informed, uncoerced decisions about their own lives and actions.