Which of the Following Is not an Example of a Likely

question 8

Multiple Choice

Which of the following is not an example of a likely adjustment in the auditors' overall audit approach when significant risk is found to exist?

• A)Apply increased professional skepticism about material transactions.
• B)Increase the assessed level of detection risk.
• C)Assign personnel with particular skill to areas of high risk.
• D)Obtain increased evidence about the appropriateness of management's selection of accounting principles.

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Definitions:

Cognitive Psychologists

Scientists who study mental processes such as perception, memory, thought, and problem-solving to understand how the mind works.

Posttraumatic Growth

Positive psychological changes as a result of struggling with extremely challenging circumstances and life crises.

Neurogenesis

The process of generating new neurons in the brain, which can occur in certain parts of the adult brain and plays a role in learning and memory.

Long-Term Potentiation

A long-lasting enhancement in signal transmission between two neurons resulting from stimulating them simultaneously; widely considered one of the major cellular mechanisms that underlies learning and memory.