During Your Audit of Brown Company You Are Trying to Determine

question 58

Multiple Choice

During your audit of Brown Company you are trying to determine whether all accounts payable were recorded. Which assertion are you gathering evidence for?

• A) Occurrence.
• B) Presentation and Disclosure.
• C) Completeness.
• D) Valuation or allocation.

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Definitions:

Embedded Computers

Special-purpose computers embedded within electronic devices, meant to control its functions and operations.

Computer Chips

Small electronic circuits used in computers and other devices, containing millions of microscopic transistors, to perform calculations and store data.

Devices

Electronic gadgets or machines designed for a specific purpose, such as smartphones, computers, or sensors.

RAM

Random Access Memory, a type of computer memory that can be accessed randomly and is used for storing the operating system, application programs, and currently processed data.