Professional Judgment Is a Widely Used Concept in Accounting and Auditing.How

question 3

Multiple Choice

Professional judgment is a widely used concept in accounting and auditing.How is it defined in the audit standards?

• A)There is no definition of professional judgment in the auditing standards.
• B)Professional judgment includes consideration of key principles and concepts of disciplines underlying the professional standards,such as economics,psychology,law,finance,statistics and philosophy.
• C)Professional judgment means reaching a complex decision by incorporating auditing standards,accounting standards,and rules of professional ethics in a coherent manner.
• D)Professional judgment involves specialized concepts and language integrating several disciplines in order to provide appropriate justification for audit decisions.

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Definitions:

Solicited Letter

A job letter written when you know that the company is hiring.

Prospecting Letter

A job application letter written to a company that has not announced openings but where you’d like to work.

Hidden Job Market

Jobs that are never advertised but that may be available or may be created for the right candidate.

Text Of An Email

The main content or body of an email message, excluding the subject line and any attachments.