Which of the Following Does NOT Assist in the Achievement

question 19

Multiple Choice

Which of the following does NOT assist in the achievement of the audit assertion of existence in relation to an investment in listed shares?

• A) A confirmation of shares held on the client's behalf.
• B) A review of share prices quoted at the financial year-end.
• C) A test of details of transactions of share purchases and sales during the year.
• D) An analytical review of rate of return on investments.

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Definitions:

Member Abilities

The skills and competencies possessed by individuals within a group or organization that contribute to the collective effectiveness.

Task Characteristics

Situational contingencies outside the follower’s control, such as team dynamics, authority systems, and task structure.

Interdependence

A condition where entities or individuals rely on each other to accomplish objectives, often resulting in mutual benefits and cooperation.

Complex

A term describing an entity or system that consists of many different and connected parts, exhibiting behaviors that emerge from the interactions of its individual components.