When Sales Invoices Are Automatically Calculated and Posted by a Computer

question 22

Multiple Choice

When sales invoices are automatically calculated and posted by a computer, the auditor may be able to reduce substantive tests of transactions for which, if any, assertion?

• A)Accuracy
• B)Existence
• C)Completeness
• D)None of the above

Identify strategies for interpreting and utilizing information effectively.

Recognize the steps and ethics involved in the research process.

Determine the importance of having a clear research goal before starting the information-seeking process.

Evaluate the credibility and relevance of sources for research purposes.

---

Definitions:

At Least Half True

A phrase indicating that a statement, claim, or proposition contains some measure of truth or accuracy, though it may not be entirely correct.

Federal Trade Commission

A U.S. federal agency with the mission to protect consumers and promote competition, enforcing antitrust and consumer protection laws.

Online Advertising

The practice of using the internet to deliver promotional marketing messages to consumers.

Deceptive

Misleading or likely to mislead or cheat; not presenting the truth completely or accurately.