Which of the Following Factors Is Most Important Concerning an Auditor's

question 140

Multiple Choice

Which of the following factors is most important concerning an auditor's responsibility to detect errors and fraud?

• A) The susceptibility of the accounting records to intentional manipulations, alterations, and the misapplication of accounting principles.
• B) The probability that unreasonable accounting estimates result from unintentional bias or intentional attempts to misstate the financial statements.
• C) The possibility that management fraud, defalcations, and the misappropriation of assets may indicate the existence of illegal acts.
• D) The risk that mistakes, falsifications, and omissions may cause the financial statements to contain material misstatements.

---

Definitions:

Agreeableness

A personality trait that reflects a person's tendency to be compassionate, cooperative, and friendly.

Oxytocin

A hormone and neurotransmitter involved in childbirth and breastfeeding, also associated with empathy, trust, sexual activity, and relationship-building.

Middle Frontal Gyrus

A region of the brain located in the frontal lobe, implicated in various cognitive functions, including attention and memory processes.

Left Prefrontal Cortex

The region of the brain associated with approaches to processing emotions, making decisions, and regulating social behavior.