A Transaction Trail Includes the Documents and Records That Allow

question 31

True/False

A transaction trail includes the documents and records that allow an auditor to trace a transaction from its origination through to its final disposition, or vice versA.

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Definitions:

Zone Of Indifference

A range within which attempts to influence a person will be perceived as legitimate and accepted without critical thought.

Psychological Contract

Is an unwritten set of expectations about a person’s exchange of inducements and contributions with an organization.

Chester Barnard

An American business executive and author, known for his work on management theory and organizational studies.

Hierarchical Thinking

The cognitive process of organizing concepts, ideas, or information into levels of importance or ranks.