When Performing a Review Service and the Accountant Becomes Aware

question 33

True/False

When performing a review service and the accountant becomes aware that fraud may have occurred, the accountant must withdraw from the engagement.

---

Definitions:

Deliberate Practice

A highly structured activity engaged in with the specific goal of improving performance, often requiring considerable, specific, and sustained efforts.

Good Failures

Learning experiences derived from unsuccessful endeavors, which provide insights and knowledge for future improvement and success.

Fear of Failure

An apprehension or anxiety about not succeeding, which can inhibit risk-taking and innovation.

Antifailure Bias

A tendency to avoid situations where failure is a possibility, often leading to missed opportunities for growth and learning.