Tests of Details of Income Statement Account Are Likely When

question 29

Multiple Choice

Tests of details of income statement account are likely when?

• A) inherent risk is less than high.
• B) control risk is moderate to low.
• C) analytical procedures indicate no unusual fluctuations.
• D) the account requires analysis
• E)g. directors' remuneration, income tax

---

Definitions:

Transformational Behavior

Actions that inspire and motivate followers to exceed expectations by fostering significant changes.

Contingent Reward

A form of motivation in which the reward is given based on achieving a predefined outcome or performance level.

Bass

Refers to Bernard M. Bass, a prominent researcher in the field of leadership, known for his work on transformational leadership.

Charisma

is a compelling attractiveness or charm that can inspire devotion in others.