Generally Accepted Auditing Standards Require Auditors to Obtain an Understanding

question 14

True/False

Generally accepted auditing standards require auditors to obtain an understanding of an entity's objectives, strategies and related business risks.

Recognize the role of punishment strategies and their appropriate application in management.

Understand the influence of environmental factors and reinforcement schedules on behavior and motivation.

Understand the concept and application of negative and positive reinforcement in management.

Recognize the effectiveness of different reinforcement schedules on behavior.