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nancy2457 nancy2457
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A year ago
Which of the following is a true statement regarding professional skepticism?

▸ Auditors reject most potential clients perceived as lacking honesty and integrity.

▸ If the auditor has past experience with a client, they can assume the client is honest.

▸ Material frauds occur in most of the audits of financial statements.

▸ Professional skepticism is required only during the planning phase.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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bjee231bjee231
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A year ago
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