The __________________________________ Doctrine Holds That Auditors May Be Liable for Ordinary

question 133

Short Answer

The __________________________________ doctrine holds that auditors may be liable for ordinary negligence to foreseen third parties.

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Definitions:

Reaction Formation

A psychological defense mechanism where an individual acts in the opposite way to their unacceptable impulses, often exhibiting exaggerated behavior.

Psychological Defense Mechanism

Strategies employed by the unconscious mind to protect itself from anxiety arising from unacceptable thoughts or feelings.

Freud

Sigmund Freud was a neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Defense Mechanisms

Subconscious tools used to safeguard against distress caused by unwanted or unacceptable emotions and ideas.