Examlex
Which of the following facts would result in an auditor issuing an adverse report over internal control?
Overconfident
Having an excessively high opinion of one’s abilities, accuracy, or judgement.
Task Difficulty
The level of effort and skill required to successfully complete a task or assignment.
Become Cautious
To adopt a more careful and considerate approach towards decision-making or actions, often due to perceived risks or uncertainties.
Escalation of Commitment
The phenomenon where people increase their investment in a decision despite new evidence suggesting it may be wrong, often due to cognitive biases or emotional attachment.
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