What Type of Audit Test Will Auditors Use When Testing

question 18

Multiple Choice

What type of audit test will auditors use when testing to see if the amounts of capital stock transactions are accurately recorded?

---

Definitions:

Memory Traces

Theoretical concepts representing the physical basis of memory, or how memories are stored within the brain.

Maintenance Rehearsal

Mechanical repetition of material without thinking about its meaning or patterns.

Primacy Effect

A cognitive bias that results in the tendency to remember information that was encountered first better than information that was presented later on.

Recency Effect

The tendency to remember the most recently presented information better than information presented earlier.