Critical Thinking and Judgment Skills Are Not Necessary for Accountants

question 92

True/False

Critical thinking and judgment skills are not necessary for accountants because technology has made the activities routine.

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Definitions:

Cautionary Statements

Statements made to warn or advise individuals typically regarding potential risks or dangers associated with certain actions or products.

Misrepresentations

False statements or lies presented as the truth which may deceive or mislead.

Public Information

Public Information is data or knowledge that is not classified, freely available to the general public, and can be distributed legally.

Material Information

Information that could influence an investor’s decision to buy or sell securities, due to its significance.