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The Discovery of an Intentional Misstatement,even If Immaterial,could Impact the Auditor's

question 78

True/False

The discovery of an intentional misstatement,even if immaterial,could impact the auditor's opinion on the effectiveness of the client's internal control over financial reporting.


Definitions:

Defensiveness

A psychological reaction that occurs when an individual feels threatened or challenged, leading to behaviors that protect their self-esteem or justify actions.

Reduce

To decrease in size, amount, extent, or number.

Social Competence

The ability to handle social interactions and relationships effectively, including understanding social cues and responding appropriately.

Anger

A strong emotional response to perceived provocation, frustration, or injustice, often characterized by feelings of annoyance, displeasure, or hostility.

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