The Purpose of Tests of Controls Is to Provide Reasonable

question 16

Multiple Choice

The purpose of tests of controls is to provide reasonable assurance that the

• A)accounting treatment of transactions and balances is valid and proper.
• B)accounting control procedures are operating effectively.
• C)entity has complied with the disclosure requirements of a generally accepted accounting framework.
• D)entity has complied with requirements of quality control.

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Definitions:

Inference Forms

Patterns or structures of logical reasoning that derive conclusions from premises based on rules.

MP

An abbreviation for Modus Ponens, a form of argument in logic where if a conditional statement ("if P, then Q") is accepted, and the antecedent P holds, then the consequent Q logically must also hold.

MT

An abbreviation often referring to Modus Tollens, a form of deductive argument where the consequent in a conditional proposition is negated, leading to the negation of the antecedent.

Simp

Slang for a person who overly defers to someone else, typically a man excessively reverent or submissive towards a woman.