The Tests of Details of Balances Procedure That Requires the Auditor

question 1

Multiple Choice

The tests of details of balances procedure that requires the auditor to examine corporate minutes for loan approval would satisfy the audit objective of

• A)classification.
• B)existence.
• C)completeness.
• D)accuracy.

---

Definitions:

Action-Control Perspective

A psychological framework that investigates how individuals regulate their behavior and actions in pursuit of goals.

Self-Regulation

Strategies that we use to match our behaviour to an ideal or ‘ought’ standard.

Self-Identity

An individual's perception of themselves concerning their traits, beliefs, and relationships, which contributes to their overall sense of self.

Defense Mechanism

Psychological strategies used by individuals to cope with reality and maintain self-image.