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    Task 1 - Step 3: Report Decision (2/2)
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<style>
table, td, th, tr {
  border:2px solid black;   border-collapse: collapse;
}
</style>


<p> The Auditor’s earnings in the round may also depend on the Firm’s true type and the Auditor’s report decision.
    <b>In addition to earning the audit fee and paying the audit cost</b>:
</p>

<ul>
<li>If the report is correct (that is, if the report decision matches the Firm&rsquo;s true type), then the Auditor does not earn or lose any additional tokens.</li>
<li>If the report is NOT correct (that is, if the report decision does NOT match the Firm&rsquo;s true type), then there is a 5% chance that the Auditor might have to pay a penalty and <strong>lose </strong> {{C.AUDIT_PENALTY}}.
    At the same time, this means that in this case the Auditor has a 95% chance of not earning or losing any additional tokens.</li>
</ul>



<p>
    The table below summarizes how the Auditor’s earnings (in tokens) depend on the Firm that the Auditor is matched with and whether the report is correct.
    For your convenience, this table is also included in your printed reference sheets.
</p>

<center> <b> Table 2: Auditor Earnings (in tokens) </b></center>

 <table class="fixed" style="width:100%">
     <col width="150px">
     <col width="150px">
     <col width="300px">
<tr>     <th>Auditor is matched with  </th><th> Correctness of the Report </th><th>Auditor </th> </tr>
<tr><td> 1st Firm </td> <td> Correct  </td> <td> {{C.endowment_auditor}} + {{C.audit_fee}} - {{ cost1}} = {{ result1np }}</td>  </tr>
<tr><td> 1st Firm </td> <td> Incorrect </td> <td> 95% chance: {{C.endowment_auditor}} + {{C.audit_fee}} - {{ cost1}} = {{ result1np }}  <br> 5% chance: {{C.endowment_auditor}} + {{C.audit_fee}} - {{ cost1}} - {{ C.audit_penalty }} = {{ result1p }}   </td>  </tr>
<tr><td> 2nd Firm </td> <td> Correct </td> <td> {{C.endowment_auditor}} + {{C.audit_fee}} - {{ cost2}} = {{ result2np }} </td>    </tr>
<tr><td> 2nd Firm </td> <td> Incorrect </td>  <td> 95% chance: {{C.endowment_auditor}} + {{C.audit_fee}} - {{ cost2}} = {{ result2np }}  <br> 5% chance: {{C.endowment_auditor}} + {{C.audit_fee}} - {{ cost2}} - {{ C.audit_penalty }} = {{ result2p }} </td> </tr>
 </table>



<!--This is a comment. Comments are not displayed in the browser Table with variables

 <table class="table" style="width:100%">
<tr>     <th>Reported Type of the Firm </th><th>True Type of the Firm </th><th>Auditor </th> </tr>
<tr><td> A </td> <td> A </td> <td> {{C.ENDOWMENT_AUDITOR}} + {{C.AUDIT_FEE}} - Audit Cost. </td>  </tr>
<tr><td> A </td> <td> B </td> <td> <p> With a chance of 5/6: {{C.ENDOWMENT_AUDITOR}} + {{C.AUDIT_FEE}} - Audit Cost. </p>         With a chance of 1/6: {{C.ENDOWMENT_AUDITOR}} + {{C.AUDIT_FEE}} - Audit Cost - {{C.AUDIT_PENALTY}}.</td>  </tr>
<tr><td> B </td> <td> A </td> <td> <p> With a chance of 5/6: {{C.ENDOWMENT_AUDITOR}} + {{C.AUDIT_FEE}} - Audit Cost. </p>         With a chance of 1/6:  {{C.ENDOWMENT_AUDITOR}} + {{C.AUDIT_FEE}} - Audit Cost - {{C.AUDIT_PENALTY}}.</td>  </tr>
<tr><td> B </td> <td> B </td> <td> {{C.ENDOWMENT_AUDITOR}} + {{C.AUDIT_FEE}} - Audit Cost.</td> </tr>
 </table>



-->

<center>
<p>  Note: Earnings in the table include the tokens received at the beginning of the round.  </p>


{{if session.Type != 'Heroku'}} <center> <img src="{% static image_steps %}"/> </center> {{ endif }}
    <button class="otree-btn-next btn btn-primary" style="float: right;">Next</button>

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