Due Professional Care Requires

question 49

Multiple Choice

Due professional care requires:

• A)auditors to maintain an attitude that includes a questioning mind and a critical assessment of audit evidence.
• B)the examination of all available corroborating evidence.
• C)the exercise of error-free judgment.
• D)a study and review of internal controls that includes tests of controls.

---

Definitions:

Lower Skills

Lower Skills refer to a relatively low level of expertise or competency in performing tasks, usually requiring less education or training.

Compensating Differentials

Wage differentials that arise to compensate workers for the desirability or undesirable aspects of their jobs, such as risk or location.

Property Income

Income received by individuals or entities through ownership of property. This could include rental income, dividends from investments, or interest on savings.

Smooth Functioning

Describes a situation where processes operate without interruption, often related to the seamless operation of systems or organizations.