Auditors Should Not Be Liable to Any Party If They

question 102

Multiple Choice

Auditors should not be liable to any party if they perform services that meet the standards of

• A) Ordinary negligence.
• B) Regulatory providence.
• C) Due care.
• D) Good faith.

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Definitions:

Self-actualization

Fulfilling one's capabilities and realizing personal potential, regarded as an essential urge or demand within each person.

Abraham Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory in psychology about human motivation based on prioritized needs.

Belonging

The feeling of being accepted and included within a group or community, contributing to a person's sense of identity and emotional well-being.

Maslow

Abraham Maslow was an American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.