The Auditor Has Completed Analyzing the Results of Tests of Details

question 37

Multiple Choice

The auditor has completed analyzing the results of tests of details of the accounts receivable ending balance.Errors totaling $25 000 were found.These exceptions are

• A)indications that the credit limit is being incorrectly applied.
• B)probably cutoff errors that can be explained.
• C)an indication of potential errors in the ending balance.
• D)financial statement misstatements.

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Definitions:

Telephone

A communication device that transmits and receives sound, typically voices, over long distances using wire or radio technology.

E-mail

A digital method of sending and receiving messages over the internet between individuals or groups.

Emotional Contagion

The phenomenon where emotions are transferred from one person to another, either consciously or unconsciously, leading to shared feelings among individuals or groups.

Feedback

Information given to an individual or group regarding their performance or behavior, intended to guide future actions.