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Briefly Discuss the Two Factors That Affect the Auditor's Risk

question 8

Essay

Briefly discuss the two factors that affect the auditor's risk response at the financial statement level.


Definitions:

Reinforcement

The process of encouraging or establishing a pattern of behavior by offering reward or punishment.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, through which an association is made between a behavior and a consequence for that behavior.

Curfew Extension

The act of prolonging the time before which individuals must cease activities or be indoors, typically imposed by authorities as a regulation or order.

Electric Shock

A sudden discharge of electricity through a part of the body, which can cause injury or psychological impact.

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