What Are the Most Important Attributes That an Auditor Must

question 3

Multiple Choice

What are the most important attributes that an auditor must possess in testing client's assessment of goodwill?

• A)Expertise in the laws surrounding mergers and acquisitions and the legal implications of such endeavors.
• B)Sound judgment and a knowledge of the client's business and the related accounting principles.
• C)Trustworthiness in attitude and a loyalty to the client as its business advisor.
• D)Experience with business failures and audit scandals so that such issues can be brought to the table.