Question 14 5 pts From our reading of the CAQ's Professional Judgment Resource, which of the following is not a reason that auditors increasingly should rely on judgment rather than a "check the box mentality? 1. the development of principles based accounting and audit standards. 2. increased litigation against auditors. 3. increased complexity of business transactions. 4. increasing focus on disclosure of critical accounting policies. O 1 02 O 3 O Question 15 5 pts An auditor placing too much reliance on one piece of information or set of circumstances is known as: 1. confirmation. 2. overconfidence. 3. availability 4. anchoring. O 1 O2 03 04