Which of These Is Not a Precaution Auditors Take to Avoid

question 46

Multiple Choice

Which of these is not a precaution auditors take to avoid litigation?

• A)Comply fully with professional pronouncements.
• B)Never issue a privity letter.
• C)Maintain adequate professional indemnity cover.
• D)All of the above are precautions auditors take to avoid litigation.

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Definitions:

Contemporary Circles

refers to modern or current groups, networks, or circles of individuals sharing common interests or attributes.

Psychoanalysis

A therapeutic approach focusing on uncovering and understanding unconscious motivations and conflicts.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology and introduced concepts such as archetypes and the collective unconscious.

Alfred Adler

An Austrian psychiatrist known for founding the school of Individual Psychology and his theories on personality, inferiority complex, and social interest.