PCAOB Auditing Standard No

question 7

Multiple Choice

PCAOB Auditing Standard No.16 require the auditor to communicate with the audit committee all but?

• A) Significant accounting policies and practices
• B) Critical accounting practices and policies
• C) Significant unusual transactions
• D) The procedures followed by the auditor in evaluating evidence

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Definitions:

Fixated

An intense focus or attachment to an object, person, or concept that significantly influences behavior and cognitive processing.

Evolutionary Theorists

Scholars and scientists who study how evolutionary principles explain behavioral, physical, and psychological traits and changes over time.

Fear Response

A psychological and physiological reaction to perceived threats, involving the activation of the fight-or-flight response.

Psychodynamic

A psychological perspective that focuses on the dynamic interplay between conscious and unconscious processes in shaping personality.