The Audit Procedure That Requires an Auditor to "Foot the Acquisition

question 86

Multiple Choice

The audit procedure that requires an auditor to "foot the acquisition schedule" relates to which balance-related audit objective?

• A)Classification
• B)Detail tie-in
• C)Existence
• D)Cut-off

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Definitions:

Illegitimate Opportunity

refers to opportunities for crime that are available to people because of their position or environment, often seen in social learning theory.

Social Controls

Mechanisms, strategies, and techniques societies or groups use to maintain order, enforce norms, and regulate behavior.

Deviant Behavior

Conduct that strays from widely accepted social norms, values, and expectations, often resulting in social judgement or sanctions.

Cultural Value

The shared beliefs, norms, and practices that are considered important and guiding within a particular culture or community.