Normal Transactions Rather Than Exception Transactions Are of Most Interest

question 15

True/False

Normal transactions rather than exception transactions are of most interest to auditors.

---

Definitions:

Freud

Sigmund Freud, an Austrian neurologist who is known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Piaget

A Swiss psychologist known for his pioneering work in child development and his theory of cognitive development stages.

Vygotsky

A Russian psychologist, Lev Vygotsky, known for his work on the social development theory which emphasizes the fundamental role of social interaction in the development of cognition.

Knowledge Construction

The process by which learners actively create, interpret, and reorganize information and experiences into new understandings or insights.