The Audit Expectation Gap Is Caused by User Expectations Such

question 86

True/False

The audit expectation gap is caused by user expectations such as: The auditor will catch all instances of fraud.

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Definitions:

Heuristics

Simplified strategies or mental shortcuts used to make decisions or solve problems quickly.

Fixations

Persistent focusing of psychological energy on a particular stage of psychosexual development, according to Freudian theory.

Simple Thinking

The process of reasoning or problem-solving in a straightforward, uncomplicated manner, often involving direct observation and practicality.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.