Intent Is Something That the Auditor Can Observe and Use

question 20

True/False

Intent is something that the auditor can observe and use in deciding whether a misstatement is an error or a fraud.

---

Definitions:

Peculiar Ideas

Thoughts or beliefs that are unusual or atypical, sometimes reflecting creativity or innovation, but in other contexts may suggest delusional thinking or disorders.

Obsessive-compulsive

Pertaining to a disorder characterized by intrusive thoughts (obsessions) and repetitive behaviors (compulsions) as a response to these thoughts.

Antisocial

Exhibiting behaviors that violate social norms and can negatively affect others, often associated with a lack of consideration or concern for the well-being of others.

Borderline

Often referring to Borderline Personality Disorder, a mental health condition characterized by mood swings, unstable relationships, self-image issues, and impulsive behavior.