Which of the Following Is Most Closely Related to the Responsibilities

question 123

Multiple Choice

Which of the following is most closely related to the responsibilities principle?

• A) The auditors' responsibility to issue a report as a result of their examination.
• B) The requirement that auditors gather sufficient, appropriate evidence upon which to base an opinion on the financial statements.
• C) The auditors' compliance with relevant ethical requirements of independence and due care.
• D) The auditors' responsibility to plan the audit and properly supervise assistants.

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Definitions:

Involuntary Unemployment

Occurs when individuals are willing and able to work at prevailing wage rates but cannot find employment.

Psychological Well-Being

A state comprising elements like self-acceptance, positive relationships with others, autonomy, environmental mastery, purpose in life, and personal growth.

Five-Factor Model

An approach that outlines human personality via five major traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness

A characteristic of personality defined by being well-organized, reliable, and having a powerful commitment to responsibilities.