Which of the Following Tests Would Involve the Exercising of Professional

question 40

Multiple Choice

Which of the following tests would involve the exercising of professional judgment?

• A)Assessing the appropriateness of the estimate of the provision for doubtful debts.
• B)Obtaining a bank confirmation to support the cash at bank figure.
• C)Checking the calculations on a sales invoice.
• D)All of the answers given are correct.

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Definitions:

Home-based Business

A business operated from the owner's home, leveraging the internet and digital tools for managing business activities and reaching customers.

Data Collision

When two computers send data at the same time and the sets of data collide somewhere in the transmission media.

Transmission Media

Refers to the physical pathways that connect computers, other devices, and people on a network, allowing data to be transmitted from one place to another.

External Network

A network that is outside of an organization's internal or proprietary networks, usually referring to the public internet.