The Auditor's Internal Control Objective to Determine That "Recorded Acquisitions

question 26

Multiple Choice

The auditor's internal control objective to determine that "recorded acquisitions are for goods and services received" satisfies the audit objective of

• A) accuracy.
• B) occurrence.
• C) authorization.
• D) completeness.

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Definitions:

Liquid Water

The fluid phase of water, characterized by its capacity to flow and adapt to the shape of its container.

Logical Strength

The degree to which the premises of an argument support its conclusion; stronger arguments provide greater justification for their conclusions.

Explanandum

An phenomenon or event that is to be explained, often the subject of scientific or philosophical inquiry.

Hypothesis

A hypothesis is a suggestion or theory made with restricted proof, serving as an initial step for more in-depth research.