What does it take for humans to be objectively agreeable and subjectively tolerant - minus egoism and skepticism?

What does it take for humans to be objectively agreeable and subjectively tolerant - minus egoism and skepticism?
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1 Answer

Answer :

An open mind.
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The auditor should not assume that management is dishonest, but the possibility of dishonesty must be considered." This is an example of a. Expectation gap. b. An attitude of professional skepticism. c. Due diligence. d. An ethical requirement

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Which of the following is a distinguishing mark of the accountancy profession? a. A drive to excellence b. Acceptance of the responsibility to act in the public interest c. Professional objectivity d. Professional skepticism

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The audit should not assume that management is dishonest, but the possibility of dishonesty must be considered." This is an example of a. Due diligence. b. Unprofessional behavior. c. An attitude of professional skepticism. d. An ethical requirement

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Professional skepticism a. Assumes that management is either dishonest or assumes unquestioned honesty. b. Either assumes that management is honest or dishonest. c. Neither assumes that management is dishonest nor assumes unquestioned honesty. d. None of the above is a correct statement

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Which of the following is not required by PSA No. 315, "Consideration of Fraud in a Financial Statement Audit"? a. Conduct a continuing assessment of the risks of material misstatement due to fraud throughout the audit. b. Conduct a discussion by the audit team of the risks of material misstatement due to fraud. c. Conduct inquiries of the audit committee as to their views about the risks of fraud and their knowledge of any fraud or suspected fraud. d. Conduct the audit with professional skepticism, which includes an attitude that assumes balances are incorrect until verified by the audito

Description : Which of the following is not required by PSA No. 315, "Consideration of Fraud in a Financial Statement Audit"? a. Conduct a continuing assessment of the risks of material ... professional skepticism, which includes an attitude that assumes balances are incorrect until verified by the audito

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Given that an audit in accordance with generally accepted auditing standards is influenced by the possibility of materiaerrors and fraud, the auditor should conductthe audit with an attitude ofa. Professional responsiveness.b. Conservative advocacy.c. Professional skepticism.d. Objective judgment

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Which of the following statements about fraud or error is incorrect? a. The responsibility for the prevention and detection of fraud and error rests with management. b. The auditor should plan and perform the audit with an attitude of professional skepticism, recognizing that conditions or events may be found that fraud or error may exist. c. The likelihood of detecting fraud is ordinarily higher than that of detecting error. d. The auditor is not and can not be held responsible for the prevention of fraud and error

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When an auditor believes that an understanding with the client has not been established, he or she should ordinarily a. Perform the audit with increased professional skepticism. b. Decline to accept or perform the audit. c. Review the client’s financial reports. d. Obtain information about the client’s business and the industry where it operates

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The following phrases relate to the definition of auditing. Which one is incorrect? a. Systematic process b. Objectively obtaining and obtaining evidence c. Assertions about economic actions and events d. Degree of correspondence between assertions and GAAS

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Which of the following is more difficult to evaluate objectively? a. Compliance with government regulations b. Efficiency and effectiveness of operations c. All of the above are equally difficult d. Presentation of financial statements in accordance with the PFRS

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An independent audit is important to readers of financial statements because it a. Provides a measure of management's stewardship function b. Objectively examines and reports on management's financial statements c. Reports on the accuracy of information in the financial statements d. Measures and communicates the financial data included in financial statements

Description : An independent audit is important to readers of financial statements because it a. Provides a measure of management's stewardship function b. Objectively examines and reports on management' ... the financial statements d. Measures and communicates the financial data included in financial statements

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The auditor would ordinarily expect to find evidence to support management representations and not assume that they are necessarily correct". This is an example of: a. Due diligence. b. Unprofessional behavior. c. An attitude of professional skepticism. d. A rule in the code of Professional Conduct.

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Here is an interesting question. Which might be the major factor responsible for the rise in carbon dioxide ("greenhouse gases") in our atmosphere?? (There is not likely to be much consensus as to the 'correct' answer. Think critically and objectively about this issue.)

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Success Factors for a review include: i. Each Review does not have a predefined objective ii. Defects found are welcomed and expressed objectively iii. Management supports a good review process. iv. There is an emphasis on learning and process improvement. a) ii,iii,iv are correct and i is incorrect b) iii , i , iv is correct and ii is incorrect c) i , iii , iv , ii is in correct d) ii is correct

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What is the primary approach that is used by the IRB to assess the ethical acceptability of a research study? a. Utilitarianism b. Deontology c. Ethical skepticism d. Comparativeism

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Evaluation in education insists on the following Options: A) Making tests more reliable and valid B) Conducting periodical tests to detect students’ weaknesses C) Insisting on clear cut behaviour al objectives of teaching D) Examining students objectively for selection purpose

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