Question
4. Describe the availability tendency in your own words, and give an example of how the tendency could result in a lack of audit effectiveness.
4. Describe the availability tendency in your own words, and give an example of how the tendency could result in a lack of audit effectiveness. How can the tendency be mitigated?
5. Describe the confirmation tendency in your own words, and give an example of how the tendency could result in a lack of audit effectiveness. How can the tendency be mitigated?
6. Describe the overconfidence bias in your own words, and give an example of how the bias could result in a lack of audit effectiveness. How can the bias be mitigated?
7. Describe the anchoring bias in your own words, and give an example of how the bias could result in a lack of audit effectiveness. How can the bias be mitigated?
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