Problem

Which of the following best demonstrates the concept of professional skepticism?a. Relying...

Which of the following best demonstrates the concept of professional skepticism?

a. Relying more extensively on external evidence rather than internal evidence.

b. Focusing on items that have a more significant quantitative effect on the entity’s financial statements.

c. Critically assessing verbal evidence received from the entity’s management.

d. Evaluating potential financial interests held by auditors in the client.

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