An Auditor Maintains No Direct Financial Interest in the Company

question 129

Multiple Choice

An auditor maintains no direct financial interest in the company he or she is auditing.The principle being followed is

• A)independence.
• B)integrity.
• C)objectivity.
• D)due care.

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Definitions:

Canon Law

The body of laws and regulations developed or adopted by ecclesiastical authority, for the government of a Christian organization or church and its members.

British Columbia

A province located on the west coast of Canada, known for its natural landscapes and as the third-most populous province in the country.

Provincial Court

is a low level court which deals with less serious criminal offenses, family law (except divorce), and civil cases of limited value, within a specific province or territory.

Alberta

A province in western Canada, known for its vast forests, prairies, and rich natural resources.