Which of the Following Audit Procedures Is Most Suitable for Verifying

question 88

Multiple Choice

Which of the following audit procedures is most suitable for verifying that all sales transactions have been recorded?

• A) Observation.
• B) Tracing.
• C) Re-computation.
• D) Vouching.

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Definitions:

Compliance Conformity

Adjusting one's behavior or beliefs to match those of others, often in response to explicit or implicit social pressure.

Personal Acceptance Conformity

Refers to the process where individuals adapt their attitudes, beliefs, or behaviors to align with those of a group or society as a whole, often to gain acceptance or approval.

Fault Lines

Divisions or splits within a group that may arise from demographic differences and can lead to conflict.

Larger Groups

Social or working clusters consisting of a greater number of members, often leading to more diverse interactions and complexity in dynamics.