To Verify That All Sales Transactions Have Been Recorded (The

question 59

Multiple Choice

To verify that all sales transactions have been recorded (the completeness assertion) , a test of transactions should be completed on a representative sample drawn from:

• A)the billing clerk's file of sales orders.
• B)entries in the sales journal.
• C)the shipping clerk's file of duplicate copies of bills of lading (goods shipped notices).
• D)a file of duplicate copies of sales invoices for which all pre-numbered forms in the series have been accounted for.

Recognize the potential consequences of social media hacking on customer trust.

Comprehend formal in-house complaint procedures for registering employee complaints.

Identify the circumstances under which an employer can discipline an employee for social media use.

Define Intranets as internal computer networks within an organization.

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Definitions:

Independent Arrival

The concept in queueing theory where the arrival of customers or entities is not influenced by previous arrivals.

Large Population

Refers to a substantial number of units or individuals within a specified area or group, often used in statistical analysis and sampling.

M/M/1 Assumptions

Assumptions used in queuing theory where there is a single server, arrivals are Markovian (Poisson process), service times are exponentially distributed, and there is an unlimited queue.

Average Number

A mathematics term referring to the sum of a list of numbers divided by the count of numbers in the list.