The Possibility That a Material Error Will Occur Even Though

question 74

Multiple Choice

The possibility that a material error will occur even though auditors are following audit procedures and using good judgment is referred to as

• A)control risk.
• B)detection risk.
• C)inherent risk.
• D)investigating risk.

Identify and explain the legal obligations and duties that arise in specific scenarios including duty to rescue and liability in animal-related incidents.

Distinguish among different tort law objectives and how they apply in various legal situations.

Analyze the role of causation principles, including proximate cause and superseding cause, in determining liability.

Evaluate the use of the res ipsa loquitur doctrine and negligence per se as methods of establishing fault.

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Definitions:

Dolphins

Aquatic mammals known for their intelligence, social nature, and abilities to communicate, play, and perform complex behaviors.

Stress

The body's response to any demand or challenge, which can be triggered by both positive and negative experiences.

Unethical

Acting in ways that go against moral principles and professional standards.

Marine Mammal Scientist

A specialist who studies the biology, behavior, and conservation of marine mammals such as whales, dolphins, and seals.