Which of the Following Is Not Important Documentation for Substantive

question 29

Multiple Choice

Which of the following is not important documentation for substantive procedures for capital stock and equity transactions?

• A)Confirmations with transfer agent or shareholders.
• B)The client's articles of incorporation.
• C)A summary of the changes in equity accounts.
• D)A memo regarding audit ideas generated during the brainstorming session regarding potential frauds applicable to the capital stock and equity transactions.

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Definitions:

Performance Evaluations

The process of assessing an employee's job performance, typically through formal review meetings and feedback mechanisms.

Morning Bias

A cognitive bias where individuals may have a preference or exhibit better performance and decision-making skills in the morning.

Leniency

The tendency to perceive the job performance of ratees as especially good.

Gross Errors

Significant mistakes or inaccuracies that can drastically affect the outcome of a task or experiment, usually due to negligence or oversight.