Internal Controls That Are Likely to Prevent the Client from Including

question 23

Multiple Choice

Internal controls that are likely to prevent the client from including as a business expense those transactions that primarily benefit management or other employees rather than the entity being audited satisfy the control objective that

• A)recorded acquisitions are for goods and services received.
• B)existing acquisitions are recorded.
• C)acquisitions are correctly valued.
• D)acquisitions are correctly classified.

---

Definitions:

Mentoring Relationship

A dynamic, supportive interaction between a more experienced individual, the mentor, and a less experienced individual, the mentee, aimed at promoting the mentee's growth and development.

High Self-Esteem

A strong, positive belief in one's own value and capabilities.

Making Decisions

The mental process involved in choosing an option from several possibilities.

Low Self-Esteem

A psychological condition in which a person views themselves negatively, often feeling inadequate or unworthy compared to others.