The essence of the due care standard is that the auditor should not be guilty of: a. bias. b. errors in judgment. c. fraud. d. negligence.

Understand the Problem

The question is asking about the due care standard in auditing and what an auditor should not be guilty of. The options provided suggest it is seeking to identify an unethical or negligent behavior in the context of auditing.

More Information

The due care standard requires auditors to perform their duties with the care and skill expected of competent auditors. Negligence is a failure to meet these standards.

Tips

Confusing negligence with errors in judgment is common. Negligence implies a lack of due diligence, not just a simple mistake.

Sources

• Solved The essence of the due care standard is that the | Chegg.com - chegg.com
• Final-exam-final-exam (pdf) - CliffsNotes - cliffsnotes.com