[startupcfo]

I was under the impression that a core component of exercising due care was making sure that both you and your subordinates are properly trained to serve the client. I can see why A is an answer, but why isn’t D an equally reasonable answer?

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MCQ #37 states

To exercise due professional care, an auditor should:

A.
critically review the judgment exercised by those assisting in the audit.

B.
examine all available corroborating evidence supporting management’s assertions.

C.
design the audit to detect all instances of noncompliance with laws and regulations.

Incorrect D.
attain the proper balance of professional experience and formal education.

BEC - 87 | 02/28
REG - 70 | 06/10, REMATCH | 08/30
AUD - XX | 09/10
FAR - XX | 12/10

[Missy]

D wouldn't be correct because the training need not be “formal education”

Licensed Massachusetts Non Reporting CPA since 2012
Finance/Admin/HR Manager

[Author]

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