Ethics, Responsibilities, and Planning Practice Question

Question

A student must apply the concept rather than define it only for the CPA AUD Auditing and Attestation involving subsequent events in Ethics, Responsibilities, and Planning. Which answer is best? (Item 94)

Answer choices

1. A. Prioritize convenience over safety, compliance, or accurate reasoning.
2. B. The best answer is to select the audit response that best supports sufficient appropriate evidence, professional skepticism, and proper reporting for the subsequent events scenario.
3. C. Ignore the issue because speed is more important than documentation or accuracy.
4. D. Assume the requirement applies only when the customer specifically asks about it.

Correct Answer

B. The best answer is to select the audit response that best supports sufficient appropriate evidence, professional skepticism, and proper reporting for the subsequent events scenario.

Explanation

The correct answer is B because subsequent events is tested by asking candidates to select the audit response that best supports sufficient appropriate evidence, professional skepticism, and proper reporting. The distractors reflect common exam mistakes: ignoring context, using informal shortcuts, skipping verification, or applying a rule from the wrong domain.

Question details

• Difficulty: medium
• Domain: Ethics, Responsibilities, and Planning
• Objective: subsequent events

Practice more

Start Ethics, Responsibilities, and Planning practice

Back to Ethics, Responsibilities, and Planning