Most Auditors Plan to Test Controls in the Purchases Cycle

question 91

Multiple Choice

Most auditors plan to test controls in the purchases cycle because of the _______.

• A)high volume of routine transactions in this process
• B)low volume of routine transactions in this process
• C)high volume of irregular transactions in this process
• D)low volume of irregular transactions in this process

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Definitions:

Intrinsic Motivation

The drive to engage in activities for their own sake, due to the inherent satisfaction or fulfillment derived from the activity itself, rather than for some external reward.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise rather than by intrinsic factors like personal satisfaction or enjoyment of the task itself.

Activity Directed

Focused or oriented towards specific actions or tasks.

Human Growth

The physical, psychological, and emotional development of humans from birth to the end of life.