Eleonora Is Inspecting a Sample of "Code of Conduct Acknowledgement

question 14

Multiple Choice

Eleonora is inspecting a sample of "Code of Conduct Acknowledgement" forms that must be signed by all employees to indicate that they have read and understood the company's code of conduct.Eleonora is ensuring that they have been signed by the employees.Eleonora is performing

• A)a test of controls.
• B)an analytical procedure.
• C)a substantive procedure.
• D)a procedure to obtain an understanding of internal controls.

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Definitions:

Import Quotas

Restrictions set by a country on the quantity of goods that can be imported within a certain time frame to protect domestic industries.

Domestic Employment

The total number of people employed within a country's borders, reflecting the health of the economy and labor market.

Services Abroad

The provision of services by a country or business to clients or customers located in other countries.

Goods Trade Surplus

An economic situation where a country exports more goods than it imports, leading to a positive trade balance.