Final answer:
The statement is true; auditors use different criteria to evaluate different types of information, and this can vary depending on standards, types of audits, and the specific area being audited, such as financial statements or internal processes.
Step-by-step explanation:
The statement "The criteria by which an auditor evaluates the information under audit may vary with the information being audited" is True. The nature of the information being audited often dictates the evaluation criteria that the auditor uses. Since there is no universally agreed-upon method for making these evaluations - these criteria are not derived from a source that exists apart from human influence and are not unaffected by culture - they can change based on the specific case. Furthermore, different types of information and contexts may require adjustments in the strictness and focus of evaluation criteria.
For instance, in the audit of financial statements, criteria will be heavily based on accounting standards, such as GAAP or IFRS, which are designed to ensure accuracy and uniformity. In contrast, when auditing internal processes, criteria might revolve more around efficiency and compliance with company policies.
Going beyond business, the evaluation criteria indeed vary substantially in different contexts. For example, in the arts, such as film reviews, criteria differ according to genre and subgenre in response to audience expectations. A horror movie will be evaluated differently from a romantic comedy; elements like suspense and shock value will be important for the former, while humor and chemistry between characters will be paramount for the latter.