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Indicate whether you agree or disagree with the following statements and explain your reasoning.
a) Mathew Punkinnen, the senior auditor at Jackson & Wartkauf LLP made the following statement to his audit team: "What constitutes sufficient appropriate audit evidence is a matter of judgment."
b) Ingram Foods Company operates as a specialty food distributor. Philippe Parenteaux, auditor, has told his staff that the bankruptcy of a customer at year-end should not be considered a type 1 event.
c) Manitoba Ice Dogs auditor Henry Pilon found an omission of a disclosure in the financial statements of the hockey team. He called this an error.
d) Janice Olympus was told by the client that a limitation in the scope of his work would require a modification to the audit report.
Applied Behavior Analysis
A scientific discipline concerned with applying techniques based on behaviorist principles to modify behavior, particularly in individuals with autism.
Insight Learning
A form of problem-solving that occurs when a solution is suddenly realized after a period of reflection, as opposed to trial-and-error or conditioning.
Latent Learning
The process by which something is learned but not immediately manifested in an observable change in behavior.
Observational Learning
The process of learning behaviors by watching and imitating others, as proposed by Bandura's social learning theory.
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