Which of the Following Is NOT a Likely Consequence of the Human

question 186

Multiple Choice

Which of the following is NOT a likely consequence of the human tendency to prefer self-justifying information to accurate information?

• A) People maintain their level of self-esteem.
• B) People become less likely to learn from their experiences.
• C) People may make faulty decisions about future behavior.
• D) People gain feedback that makes for better decisions.

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Definitions:

Opportunities For Fraud

Circumstances or environments that could allow for the occurrence of fraudulent activities due to lack of controls, oversight, or ethical culture.

Review And Reconciliation

A process of ensuring that two sets of records or balances are in agreement, usually by examining and comparing documents or figures.

External Audit

An external audit is an independent examination of financial records and operations conducted by an outside entity to ensure accuracy and compliance with regulations.

Discrepancies

Differences or inconsistencies found when comparing two sets of data or reports, often requiring further investigation.