What Is the Purpose of Tests of Details of Balances

question 83

Multiple Choice

What is the purpose of tests of details of balances?

• A) Test for monetary errors in the financial statements.
• B) Identify the details of the internal control system.
• C) Prove that the trial balance is correct.
• D) Prove that the accounts with material balances are correctly classified.

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Definitions:

Cognitive Behavioral Intervention

A therapeutic approach that seeks to modify negative thoughts and behaviors through the combination of cognitive and behavioral therapies.

"Nonperson" Treatment

A social or interpersonal interaction where an individual is treated as if they are invisible or not worthy of recognition or respect.

Hospital Routine

The daily schedule and procedural operations carried out in a hospital to ensure efficient and effective patient care and management.

Hospital Errors

Mistakes made in hospitals that can lead to patient harm, ranging from medication errors to surgical complications.