In the Course of Performing an Audit,an Auditor Begins Dating

question 57

Multiple Choice

In the course of performing an audit,an auditor begins dating the CFO of the auditee.What kind of threat to independence might arise?

• A)Self-review threat.
• B)Self-interest threat.
• C)Familiarity threat.
• D)Intimidation threat.

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Definitions:

Closure

The psychological process of seeking resolution or conclusion to an ambiguous, incomplete, or unresolved issue.

Similarity

The state of being alike or sharing common features, often leading to attraction or cohesion in social relationships.

Self-Serving Bias

A common tendency to attribute one's successes to personal characteristics and failures to external factors.

Situational Attribution

The process of attributing a person's behavior to external or environmental factors, rather than to internal dispositions.