A Dual-Purpose Test

question 62

Multiple Choice

A dual-purpose test:

• A)simultaneously tests debits and credits.
• B)is a procedure completed by both the internal and external auditors.
• C)is useful to both the entity and the auditor.
• D)is both a substantive test of transactions and a test of controls.

---

Definitions:

Singular Proposition

A statement or assertion that refers to a single item or instance within a larger context.

Subject

The person, object, or concept that is being discussed or described in a sentence, book, movie, etc.

Collection

An accumulation of objects or data, often gathered or brought together based on a common criteria or interest.

Traditional Square

A logical diagram representing the logical relationships between universal and particular affirmative and negative statements.