Which of the following BEST (select one) describes why auditors must maintain independence? a) The value of the audit report is higher if the report is free of bias. b) The value of the audit report is lower if the report is free of bias. c) The value of the audit report is generally not impacted by the independence of the auditor. d) The value of the audit report depends on the due professional care of the auditor performing the work.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter1: Quality Auditing: Why It Matters
Section: Chapter Questions
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Which of the following BEST (select one) describes why auditors must maintain independence?

a) The value of the audit report is higher if the report is free of bias.

b) The value of the audit report is lower if the report is free of bias.

c) The value of the audit report is generally not impacted by the independence of the auditor.

d) The value of the audit report depends on the due professional care of the auditor performing the work.

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