If the Auditor Identifies Control Deficiencies,the Auditor Will Not Need

question 111

True/False

If the auditor identifies control deficiencies,the auditor will not need to judge the severity of the deficiencies but instead would consult management about the need for a fraud audit.

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Definitions:

Theory Y

A management concept that assumes employees are self-motivated, seek responsibility, and can solve work problems creatively.

Green Revolution

A period of technology transfer, starting in the 1940s, which significantly increased agriculture production worldwide, particularly in developing countries, through the use of modern farming techniques and technologies.

Human Relations Movement

A management theory focusing on the importance of social factors in the workplace and the well-being of employees, emphasizing that satisfied workers are more productive and efficient.

Knowledge Worker

An employee whose primary contribution to the organization involves the processing, manipulation, and generation of information.