1 The Statement on Auditing Standards (SAS) No. 1 states that due professional care requires the auditor to exercise professional skepticism. Professional skepticism can be divided into three attributes. Of the three attributes, discuss which you believe is most important in exercising professional skepticism. Provide support for your rationale.
2 Reflect upon the three elements of the "Fraud Triangle". While it is understood that all three elements are important, select one and explain why it is the most important. Provide support for your rationale.