Auditors Are Especially Concerned with Three Aspects of Internal Control

question 40

Multiple Choice

Auditors are especially concerned with three aspects of internal control for the sales and collection cycle.Which of the following is not one of their major concerns?

• A)Controls over cutoff
• B)Controls that prevent or detect embezzlements
• C)Controls over sales discounts
• D)Controls related to the allowance for uncollectible accounts

Describe the neurological basis of language and speech.

Recognize the role of the brain in executive functions and decision-making.

Understand the implications of brain damage on cognitive and motor functions.

Grasp the contribution of specific brain areas to the perception and processing of music and emotions.

---

Definitions:

Hydraulic Fracturing

A process used in the oil and gas industry to increase the flow of oil or gas from a well by injecting high-pressure fluid into the surrounding rock.

Fracking

A method of extracting natural gas or oil from the earth by injecting fluid into subterranean rocks at high pressure.

Civil Law

Civil law is a legal system that deals with disputes between private parties, and includes laws such as contracts, torts, and property, distinguishing it from criminal law.

Legal Realism

The school of jurisprudence which dictates that context must be considered as well as law. Context includes factors such as economic conditions and social conditions.