When the Auditor Plans to Use Analytical Procedures to Provide

question 38

Multiple Choice

When the auditor plans to use analytical procedures to provide substantive assurance about an account balance, the data used in the calculations must be considered:

• A) sufficiently reliable.
• B) reasonable.
• C) absolutely reliable.
• D) sufficiently appropriate.

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Definitions:

Social Acceptance

The approval of a social group or society, often based on adherence to group norms or standards.

Attraction

Anything that draws two or more people together, making them want to be together and possibly to form a lasting relationship

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues, as well as promoting secondary sexual characteristics such as increased muscle and bone mass, and the growth of body hair.

Serotonin

Definition: A neurotransmitter that plays a key role in mood regulation, digestion, sleep, and other bodily functions, often associated with feelings of happiness and well-being.