There Is a Direct Relationship Between the ________ Transaction-Related Audit

question 91

Multiple Choice

There is a direct relationship between the ________ transaction-related audit objective and the ________ balance-related audit objective.

• A) occurrence; existence
• B) timing; cutoff
• C) posting and summarization; detail tie-in
• D) all of the above

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Definitions:

Wary

Feeling or showing caution about possible dangers or problems.

Hesitant

Feeling or showing uncertainty about doing something.

New Experience

Refers to encountering or undergoing something for the first time that can lead to learning or a change in perspective.

Temperament

An individual's natural predisposition towards emotional reactivity and intensity, often evident from infancy and believed to be largely genetic.