Choose your answer from options. Premise: "Auditors should exercise professional judgment in planning the engagement by obtaining an understanding of the possible effects of fraud, illegal acts, or other noncompliance on the subject matter or assertion of the attestation engagement and by identifying and assessing any associated risks that could have a material effect on the attestation engagement." If this premise is true, what does that tell us about whether it entails the hypothesis "Auditors without this knowledge can easily overlook significant mismanagement."?

Choose from:
(I) yes.
(II) it is not possible to tell.
(III) no.
(II)