What tendency is most likely manifest in the following situation? An engagement team performed a substantive analytical procedure over an expense account. When investigating a significant difference, the team was satisfied with limited evidence to support the client's plausible explanation (which was in fact incomplete) for the difference

The correct answer is Confirmation tendency.

Explanation:

Confirmation bias is the tendency to favor, search, interpret, and remember, information that confirms one's beliefs or hypotheses, disproportionately giving less consideration to possible alternatives. This is a type of cognitive bias and an error Systematic inductive reasoning. People show this tendency when they collect or remember information selectively, or when they interpret it biasedly. The effect is stronger in publications with emotional content and firmly rooted beliefs. They also tend to interpret that ambiguous evidence supports their existing position. The biased search, interpretation and memory have been invoked to explain the polarization of attitudes (when a disagreement becomes more extreme or polarized even though the different parties are exposed to the same evidence), the perseverance of beliefs (when people's beliefs persist despite the fact that their falsity has been proven), the effect of irrational primacy (when the first experiences with some fact are more confident, than the most recent) and the illusory correlation (when the people falsely perceive an association between two events or situations).