In making judgments about the effect of the internal auditors' work on the external auditor's procedures in specific audit areas, which of the following is not one of the issues related to the specific audit areas that is considered by the external auditor?
a. Materiality of the financial statement amounts.
b. Risk of material misstatement of the assertions related to these financial statement amounts.
c. Degree of subjectivity involved in the evaluation of the audit evidence gathered in support of the assertions.
d. All of the above are considered by the auditor.
d
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Monitoring your own emotions is critical for developing which of the following?
A. self-understanding B. self-discipline C. emotional intelligence D. resilience
[APPENDIX] The Deferred Tax account should reflect permanent differences but not items that are temporary differences between book accounting and tax reporting
a. True b. False Indicate whether the statement is true or false
Which of the following is not one of Porter's five forces?
a. Buyer Power b. Supplier Power c. Threat of Regulation d. Threat of Substitutes
Russ has been on time for work all year, consistently going above and beyond his duties. However, in the month before his performance appraisal, he had the flu and his whole family became sick, causing him to frequently be absent and exhibit lower-than- normal performance. As a result, his annual performance appraisal was somewhat negative. It is likely that Russ’s boss committed which of the following perceptual errors?
A. impression management B. self-fulfilling prophecy C. recency effect D. primacy effect