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9. what are some examples of judgment traps and tendencies that likely influenced the auditors judgment when auditing waste management's financial statements

Sagot :

There are a number of studies that have identified and analyzed some of the more common potential judgment biases that can bias examiners' judgments. These common latent judgment tendencies are Positive (confirmation), Overconfident, Anchored, and Available.

What are the types of judgment and what is a good judgment?

  • Judgments can be classified as personal, realistic, or quasi-realistic. An individual or individual judgment is most commonly rendered by a court and imposes personal responsibility or liability on one person or group to another person or group.
  • For example, if a borrower is unable to repay a loan or credit his card debt, the lender or creditor may seek a judgment to force the borrower to pay.
  • Good judgment includes prioritization, meeting deadlines, and careful planning to help you navigate difficult and stressful situations effectively. Making decisions that don't consider the future when you have to rush deadlines or deal with pressing issues can lead to high levels of stress.

What is the Judgment Trap?

According to Steven Mintz, professor emeritus of accounting at the California Polytechnic State University, cognitive traps and prejudices that can adversely affect professional judgment usually occur for three reasons: groupthink, judgmental impulses, and event triggers.

To learn more about judgment traps and tendencies visit:

https://brainly.com/question/13334923

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