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Professional Skepticism Must Be Maintained Only If the Auditor Suspects

question 33

True/False

Professional skepticism must be maintained only if the auditor suspects fraud.


Definitions:

Degrees Of Freedom

The number of independent values or quantities which can vary in the analysis without violating any constraints.

Observations

Individual data points or measurements collected during a study or experiment.

Determination

The method of precisely determining something, usually by means of calculation or investigation.

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