Which of the Following Was an Observation or Recommendation by Justice

question 21

Multiple Choice

Which of the following was an observation or recommendation by Justice Owen in the HIH Royal Commission Report?

• A) boards of directors should establish an audit committee
• B) auditor independence is not a critical element in establishing the credibility of an auditor's report
• C) an independent and objective audit, conducted with an appropriate degree of professional scepticism, is required
• D) audit reports should be addressed to shareholders

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Definitions:

Reinforcement

A process in psychology that strengthens or weakens a behavior by adding or removing a stimulus after the behavior occurs.

Individual Differences

Pertains to the distinct variations in characteristics among individuals in a population.

High Blood Pressure

A medical condition where the force of the blood against the artery walls is consistently too high, which can lead to health problems.

Lack Of Sleep

The condition of not getting adequate rest or sleep, which can negatively affect mental and physical health.