The Auditor Can Respond to an Increased Risk of Fraud

question 35

Multiple Choice

The auditor can respond to an increased risk of fraud by taking all of the following actions except:

• A)increasing professional scepticism.
• B)assigning more experienced personnel to the audit.
• C)increasing acceptable audit risk.
• D)taking steps to obtain more reliable evidence.

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Definitions:

Psychologist

A professional specializing in the study of the mind and behavior.

Own One's Feelings

Accepting responsibility for one's emotional state and reactions, rather than blaming others or external circumstances.

Self-disclosure

The process of revealing personal, private information to others, facilitating deeper interpersonal connections.

Personal Growth

The process of improving oneself through activities that enhance self-awareness and identity.