The Existence of Verifiable Information About the Accuracy of Accounting

question 70

Multiple Choice

The existence of verifiable information about the accuracy of accounting records is called a(n) :

• A)Audit trail
• B)Internal control
• C)Risk assessment
• D)Supporting documentation

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Definitions:

Power Assertion

A discipline strategy that involves the use of authority, threats, or physical force to enforce parental control or correct a child's behavior.

Induction

One method parents use to enforce control of children’s behavior. Involves use of explanation, giving reasons for rules and appealing to children’s desires to be grown-up. The most effective way to promote the internalization of rules.

Spanking

A form of physical punishment involving hitting the buttocks with the hand or an object as a disciplinary measure.

Discipline

The tendency of parents to limit or demand behavior by exerting or requiring control.