Which of the Following Circumstances Would Not Be Considered by ASIC

question 28

Multiple Choice

Which of the following circumstances would not be considered by ASIC to be 'exceptional' for them to allow the auditor of a public company to resign outside of the company's annual general meeting?

• A) The company is not audited by the auditor of the parent company.
• B) A negligence claim has been filed against the auditor by the company.
• C) The auditor loses his/her independence.
• D) The auditor's health is failing.

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Definitions:

Partial Reinforcement Effect

The tendency for a behavior to become more resistant to extinction following intermittent reinforcement than after continuous reinforcement.

Behavioral Contrast Effect

A phenomenon observed in conditioning where the response to a conditioned stimulus changes when an alternative stimulus is presented with different reinforcement conditions.

Extinction

In behavioral psychology, the process whereby a conditioned response decreases in frequency and eventually disappears as a result of the conditioned stimulus being presented without reinforcement.

Reinforcer

Any stimulus that strengthens or increases the likelihood of a behavior by its occurrence.