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What Are the PCAOB Standards That Present Guidance in Testing

question 41

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What are the PCAOB standards that present guidance in testing assertions and planning for the audit are known as?


Definitions:

Procedural Justice

Refers to the fairness in the processes that resolve disputes and allocate resources.

Contextual Performance

Refers to tasks an employee does on the job that are not required as part of the job but that still benefit the organization in some way.

Ethics

Refers to an individual’s beliefs about what is right and wrong and what is good and bad. Ethics are formed by the societal context in which people and organizations function.

Interactional Justice

A concept in organizational behavior regarding the treatment individuals receive as decisions are made, emphasizing dignity and respect.

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