Publication Type
Journal Article
Publication Date
1-2008
Abstract
This study provides exploratory evidence on auditors’ framing and evaluation of hypotheses, identifies implications for improving audit decision-making and facilitates the interpretation of prior research. Prior studies usually assume hypotheses to be framed as mutually exclusive and exhaustive. However, both verbal protocol evidence and probability assessments reveal that in a realistic case most auditors frame the hypotheses as a non-mutually exclusive and exhaustive set of causes. Further, auditor probability assessments tend to reflect multiple causes. Finally, exploratory analyses indicate auditors have difficulty in updating assessments consistent with the perceived interrelationships between hypotheses.
Keywords
Audit, judgment, framing, multiple hypothesis, evidence
Discipline
Accounting
Publication
Asian-Pacific Journal of Accounting and Economics
Volume
15
Issue
1
First Page
123
Last Page
140
Identifier
10.1080/16081625.2008.9720814
Citation
MOCK, Theodore J.; WRIGHT, Arnold; SRIVASTAVA, Rajendra P.; and LU, Hai.
The framing and evaluation of multiple hypotheses. (2008). Asian-Pacific Journal of Accounting and Economics. 15, (1), 123-140.
Available at: https://ink.library.smu.edu.sg/soa_research/1600
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
http://doi.org./10.1080/16081625.2008.9720814