Auditors Should Not Place Total Reliance on Controls to the Exclusion

question 6

True/False

Auditors should not place total reliance on controls to the exclusion of other substantive testing procedures.
Question also found in study guide

---

Definitions:

Halo Effect

A cognitive bias where an observer's overall impression of a person influences their feelings and thoughts about that person's character or properties.

Rating Scales

A method for assessing attitudes, feelings, behaviors, or performance by assigning values or ratings according to a predetermined scale.

Subjectivity

Subjectivity refers to how someone's judgment is shaped by personal opinions and feelings instead of outside influences, making it inherently individual and biased.

Inner Judgment

The process of evaluating one's own thoughts, actions, and emotions based on personal standards and beliefs.