Cue utilization and expert judgments: A comparison of independent auditors with other judges

Examined cue utilization by independent auditors, a type of expert judge, within an analysis of variance framework. After reading a brief narrative describing a hypothetical manufacturing company, 63 auditors judged the strength of payroll internal control as a function of 32 different combinations of 6 internal control indicators. Results demonstrate the overwhelming importance of main effects as compared to configural cue utilization. The average correlation for interjudge consistency was .70, while the average intrajudge correlation was .81. The average insight index (the correlation between an auditor's subjective weights and the statistical weights of the 6 cues) was .89. Similarities and differences between the present findings and those of studies involving other types of expert judges are discussed. (17 ref) (PsycINFO Database Record (c) 2006 APA, all rights reserved). © 1974 American Psychological Association.

Duke Scholars

Author Robert H. Ashton Fuqua School of Business