The Auditor Must Gather Evidence Guided by the Standard of Due

question 69

Multiple Choice

The auditor must gather evidence guided by the standard of due professional care.Due professional care requires

• A)the auditor to perform audit duties with skill comparable to that of any other client
• B)to gather evidence and interpret evidence in a manner that any other auditor would have done
• C)the auditor to know accounting and auditing requirements
• D)the auditor to be knowledgeable about the economy

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Definitions:

Generation X

A demographic cohort following the Baby Boomers and preceding Millennials, typically born between the mid-1960s and early 1980s.

Generation Y

Another term for Millennials, referring to the demographic cohort born approximately between the early 1980s and the late 1990s to early 2000s.

Baby Boomers

Individuals born approximately between 1946 and 1964, characterized by a significant increase in birth rates following World War II.

Traditionalists

Individuals or groups who adhere to long-established practices and are resistant to modern changes.