Assess the impacts of cognitive, judgement and decision biases on financial advisers and their clients. Define the
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Question:
- Assess the impacts of cognitive, judgement and decision biases on financial advisers and their clients.
Define the following two (2) barriers to ethical decision making, and include brief examples of how these barriers or biases could adversely affect a financial adviser's decision making when providing financial advice:
(a) rationalisation
(b) confirmation bias
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Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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