
Which ONE of the following is NOT a valid reason why independence and objectivity are important to the assurance profession?
Select ONE answer:
- The public’s expectations of accountants
- Public interest in financial information
- Credibility of published financial information
- Tradition
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 4
- Not correct
- Not correct
- Not correct
- Correct – Tradition is not a valid reason why objectivity and independence matter.

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