- 1 Marks
Question
Threats to objectivity include the following EXCEPT:
- A. Familiarity threat
- B. Self-regulatory threat
- C. Intimidation threat
- D. Advocacy threat
- E. Self-interest threat
Answer
B
Explanation: The answer is B. Self-regulatory threat. Self-regulatory threat is not recognized as one of the standard threats to auditor objectivity. The primary threats include familiarity, intimidation, advocacy, and self-interest, which can impact an auditor’s impartiality and ethical standards in conducting an audit.
- Tags: Ethics, Objectivity, Professional Standards, Threats to Independence
- Level: Level 3
- Topic: Ethical Issues in Auditing
- Series: NOV 2011
- Uploader: Dotse