Which of the Following Statements About Auditing Is NOT True

question 36

Multiple Choice

Which of the following statements about auditing is NOT true?

• A) Auditing arose because users demanded some assurance that managers' reports on their performance were reliable.
• B) Auditors verify that the accounts have been prepared accurately.
• C) The auditing function is usually restricted to members of recognised professional accounting bodies.
• D) When professional accountants prepare financial statements,they are acting as auditors.

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Definitions:

Perceived Trustworthiness

The degree to which an individual or entity is believed to be reliable, credible, and honest by others.

Ethical

Pertaining to morals, principles of right and wrong, or the study of these concepts.

Twist Evidence

The deliberate manipulation or alteration of facts or data to support a particular viewpoint or argument.

Emotional Appeals

A persuasive technique that targets the audience's emotions to elicit a response or influence opinions.