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auditors understand that receiving explanations from an entity's management is the step in the professional judgment process.

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  • Auditors understand that receiving explanations from an entity's management is the first step in the professional judgment process.

Adjudication means evaluating evidence to reach a decision. Judgment is also the ability to make well-thought-out decisions. The term has at least five different uses. Aristotle suggested looking at the antonyms of a term to determine whether the various uses are actually different.

Formal - The mental act of affirming or denying one thing in comparison with another. Judgments are communicated to others using agreed terms, in the form of words or algebraic symbols, as meanings forming statements relating to the terms, and further asserted meanings of 'relationship' are used to make judgments. understood and interpreted by those who do.

learn more about Judgment here;  https://brainly.com/question/27579563

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