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The Auditor May Spend More Time Testing the Existence Assertion

question 59

Multiple Choice

The auditor may spend more time testing the existence assertion of recorded inventory in all of the following EXCEPT _______.


Definitions:

Incidental

Occurring as a minor accompaniment to something else, not central or intentional.

Need for Achievement

A psychological drive in individuals to accomplish tasks, achieve excellence, and reach high standards of performance.

Need for Power

is a psychological term referring to an individual's desire to control or influence others.

Need for Affiliation

A person's inherent desire to feel connected or involved with social groups or relationships.

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