For Which of the Following Audit Tests Is an Auditor

question 31

Multiple Choice

For which of the following audit tests is an auditor most likely to use attribute sampling?

• A)Making an independent estimate of the amount of a FIFO inventory.
• B)Examining invoices in support of the valuation of fixed asset additions.
• C)Selecting accounts receivable for confirmation of account balances.
• D)Inspecting employee time cards for proper approval by supervisors.

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Definitions:

Robert Sternberg

An American psychologist known for his theory on love and intelligence, including the Triarchic Theory of Intelligence.

Peter Wason

A British psychologist known for his work in the field of cognitive psychology, particularly for his research on reasoning and decision-making.

Wolfgang Köhler

A psychologist and a key figure in the development of Gestalt psychology, noted for his work on insight learning.

Intrinsic Motivation

Motivation driven by an interest or enjoyment in the task itself, rather than by external pressures or rewards.