What Audit Objective Is Associated with the Comparison of Disbursement

question 59

Multiple Choice

What audit objective is associated with the comparison of disbursement and receipt information on a bank transfer schedule to the cash disbursements and cash receipts journals?

• A)accuracy
• B)classification
• C)occurrence
• D)completeness

---

Definitions:

Exception

A deviation from the rule, standard, or expected outcome.

Contingency Theory

A theory that suggests the effectiveness of a leadership style is contingent upon the context and situation at hand, and no one style is best in all circumstances.

Leadership

The action of leading a group of people or an organization by providing direction, implementing plans, and inspiring individuals to achieve collective goals.

Situation

A set of circumstances or context in which events occur, influencing the outcomes of decisions or actions.