The Idea of Recognizing Auditing as Playing a Bigger Part

question 23

Multiple Choice

The idea of recognizing auditing as playing a bigger part of social control is known as _____.

• A)Professional responsibility
• B)An accountability relationship
• C)The effective auditor concept
• D)The audit society concept

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Definitions:

Esther Duflo

A French-American economist known for her research in development economics and as a recipient of the Nobel Prize in Economics.

Abhijit Banerjee

An economist who won the Nobel Prize in Economic Sciences in 2019 for his experimental approach to alleviating global poverty.

Poor Societies

Communities or nations with low levels of income, resources, and standards of living.

Opportunity Cost

The expense incurred by not selecting the second-best choice when deciding between different options.