Which of the Following Is an Incorrect Statement About Auditors

question 87

Multiple Choice

Which of the following is an incorrect statement about auditors' professional duties?

• A)In their professional duties,they will be watched by federal and state regulators and interested outsiders
• B)Attention will be focused on the auditors' responsibility to determine whether the financial statements present fairly the financial position of the firm and the results of operations
• C)Auditors must understand the importance of presenting unbiased information to outsiders
• D)The auditor is expected to approach an audit with an independent mind and to recognize that he or she is hired to protect the interests of management

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Definitions:

Egocentrism

A cognitive bias that causes individuals to view the world solely from their own perspective, often neglecting others' viewpoints.

Egocentrism

A cognitive bias that causes an individual to interpret the world from their own perspective, often unable to see things from others' points of view.

Attachment Theory

A psychological model that describes the dynamics of long-term and short-term interpersonal relationships between humans.

Imprinting

A rapid learning process occurring early in the life of a social animal, where it forms attachments and recognizes other individuals, objects, or concepts.