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1. Of the following choices, which ones would serve as useful strategies to mitigate biases in the making of professional judgments?
I. Actively seeking evidence that contradicts your initial conclusion on the matter
II. Consulting with knowledgeable peers after carefully explaining to them all sides of the issue and your preliminary conclusion thereon
a) I only
b) II only
c) Both I and II
d) Neither I nor II
2. In the areas of audit and accounting, professional judgment is most typically exercised in which of the following areas:
I. Deciding between options
II. Calculating outcomes
III. Evaluating evidence
a) I and II only
b) II and III only
c) I and III only
d) I, II and III
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