When Sales Invoices Are Automatically Calculated and Posted by a Computer

question 71

Multiple Choice

When sales invoices are automatically calculated and posted by a computer, the auditor may be able to reduce substantive tests of transactions for which, if any, assertion?

• A) accuracy
• B) existence
• C) completeness
• D) none of the above

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Definitions:

Flying Too High

Often alludes to overconfidence or arrogance that can lead to risky behavior or decisions, risking a fall from success or favor.

Closed Group

A type of group with fixed membership where entry is restricted to certain individuals.

Social Needs

The human desire for belonging, intimacy, and interpersonal relationships, situated mid-level in Maslow's hierarchy.

Teams Identity

The collective sense of being and belonging that develops among members of a team, influencing how they see themselves as part of the group.