A Basic Objective of an Audit Firm Is to Provide

question 29

Multiple Choice

A basic objective of an audit firm is to provide professional services in conformance with professional standards.Reasonable assurance of achieving this basic objective is provided through:

• A)continuing professional education.
• B)a system of quality control.
• C)compliance with Australian Securities Exchange listing requirements.
• D)a system of peer review.

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Definitions:

Psychology Text

A written or digital publication concerning the study of the mind and behavior, often used for educational purposes.

Cognitive Dissonance

A psychological state that describes the uncomfortable feeling when a person holds two or more conflicting cognitions, beliefs, attitudes, or values at the same time.

Operant Conditioning

A type of learning in which the consequences of behavior are manipulated so as to increase or decrease the frequency of an existing response or to shape an entirely new response.

Dishonest Coworker

A colleague who lacks integrity and honesty, possibly engaging in deception or fraud in the workplace.