The Test of Details of Balances Procedure to "Inspect the Accounts

question 28

Multiple Choice

The test of details of balances procedure to "inspect the accounts payable trial balance and master file for related parties,notes,or other interest-bearing liabilities" satisfies the objective of

• A)existence.
• B)completeness.
• C)classification.
• D)detail tie-in.

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Definitions:

Physiological Needs

Basic essential requirements for human survival, such as food, water, warmth, and rest, fundamental to Maslow's hierarchy of needs.

Esteem Needs

According to Abraham Maslow's hierarchy of needs, these are the fourth level of human needs, involving respect, self-esteem, status, recognition, and strength.

Affiliation Needs

A person's need to feel a sense of involvement and belonging within a social group.

Security Needs

A level in Maslow's hierarchy of needs, focusing on the desire for safety, stability, and protection from physical and emotional harm.