Internal Controls That Are Likely to Prevent the Client from Including

question 23

Multiple Choice

Internal controls that are likely to prevent the client from including as a business expense those transactions that primarily benefit management or other employees rather than the entity being audited satisfy the control objective that

• A)recorded acquisitions are for goods and services received.
• B)existing acquisitions are recorded.
• C)acquisitions are correctly valued.
• D)acquisitions are correctly classified.

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Definitions:

B Cells

A type of white blood cell that plays a crucial role in the immune system by producing antibodies to fight off infections.

Plasma Cells

White blood cells that produce antibodies, playing a crucial role in the body's immune response to infection.

Cell-Mediated Immunity

A type of specific immune response carried out by T cells. Compare with antibody-mediated immunity.

Antigen-MHC Complex

A molecular complex on the cell surface where an antigen is presented by major histocompatibility complex molecules for recognition by T-cells.