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When Using Audit Data Analytics, the Balances or Transactions That

question 41

Short Answer

When using audit data analytics, the balances or transactions that do not meet the auditor's expectations are defined as _______.
[[ notable items]] | false positives | high margin items | material misstatements


Definitions:

Seize The Day

A phrase encouraging individuals to make the most of the present moment without concern for the future, often associated with the Latin term "carpe diem."

Defense Mechanism

Unconscious psychological strategies employed to protect a person from anxiety-arising thoughts or feelings.

Subception

A psychological process by which an individual responds to stimuli without consciously perceiving them.

Self-Actualization

A state of personal growth in which people fulfill their true potential.

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