Which of the Following Is Not a Use of Generalized

question 10

Multiple Choice

Which of the following is not a use of generalized audit software (GAS) ?

• A)Substantive testing.
• B)Security testing.
• C)Control testing.
• D)Transaction data analysis.

Understand the reasons behind the failure of small businesses and strategies for prevention.

Grasp the concept, advantages, and disadvantages of sole proprietorships.

Comprehend the role and types of equity financing in businesses.

Analyze the impact, advantages, and disadvantages of family businesses in the economy.

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Definitions:

Stepparent Families

Family units where at least one parent has children that are not genetically related to the other spouse, often resulting from remarriages.

Nuclear Families

A family unit consisting of two parents and their children living together as a single household.

Extended Families

A broader family unit that includes not just parents and children but also aunts, uncles, and grandparents, among others.

Polygamous Families

Family structures where a person has multiple spouses simultaneously, recognized in certain cultures.