Which Two of the Following Categories of Misstatements Are Relevant

question 153

Multiple Choice

Which two of the following categories of misstatements are relevant to the purchasing and payroll cycles?

• A)Expense (payroll, selling, administrative, general, and, other) recording issues
• B)Liabilities, payables, reserves, and accrual estimate failure
• C)Purchase failure
• D)Account transaction issues

---

Definitions:

Consistency

The quality of maintaining the same principles, actions, or conditions over time, ensuring reliability and predictability.

Concise Language

The use of few words without sacrificing clarity or meaning, aiming for efficiency and effectiveness in communication.

Salt Intake

The total quantity of salt (sodium chloride) consumed by an individual, relevant to dietary health and management of blood pressure.

Blood Pressure

the force exerted by circulating blood on the walls of blood vessels, measured to assess cardiovascular health.