Which of the Following Is a Characteristic of a Financial

question 64

Multiple Choice

Which of the following is a characteristic of a financial audit?

• A) It is conducted by an outside certified public accountant.
• B) It is usually performed every month.
• C) It is done for evaluating the effectiveness of controls.
• D) It is used to study the basic operations of a company.

---

Definitions:

Emotional Responses

Emotional responses are the feelings and reactions that arise in response to stimuli or situations, influenced by individual's mood, temperament, and experiences.

Two-Factor Theory

A theory that proposes emotions are based on physiological arousal and the cognitive interpretation of that arousal.

Physiological Arousal

The body's acute response to stimuli, characterized by increased physical activity, such as heightened heart rate, blood pressure, and energy levels, often a result of excitement, anxiety, fear, or stress.

Two-Factor Theory

A theory, also known as Schachter-Singer theory, that emotional experience arises from a combination of a state of arousal and a cognitive label for that arousal.