In the Case of an Audit, Recklessness Is Present If

question 84

Multiple Choice

In the case of an audit, recklessness is present if the auditor knew an adequate audit was not done but still issued an opinion, even though there was no intent to deceive financial statement users. This is a description of the legal term

• A) ordinary negligence.
• B) gross negligence.
• C) constructive fraud.
• D) fraud.

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Definitions:

Human Flourishing

Human flourishing is a concept in positive psychology that describes a state of optimal well-being, characterized by happiness, health, meaning, and fulfillment.

Positive Psychology

A branch of psychology focusing on the study and promotion of positive aspects of human life, such as happiness and well-being.

Human Strengths

are the inherent capacities individuals possess that contribute to their mental well-being and effective functioning.

Positive Psychology

a branch of psychology focused on the study and promotion of positive aspects of human life, such as happiness and well-being.