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Characteristics of an effective audit committee
List and discuss at least four attributes of an effective audit committee that provides important oversight functions.
Person Perception
The process by which individuals form impressions of others and make judgments about their attributes and characteristics.
Snap Judgments
Quick decisions or evaluations made without thorough consideration or reflection.
Systematic Judgments
Pertains to decisions or evaluations made based on a consistent and methodical approach.
Attributions
Inferences that people draw about the causes of their own behavior, others’ behavior, and events.
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