Which Assertions May Be Tested for the "Transactions and Events

question 48

Multiple Choice

Which assertions may be tested for the "transactions and events" category of management assertions?

• A) Existence, completeness, rights and obligations, accuracy, cutoff and classification.
• B) Occurrence, completeness, rights and obligations, accuracy, cutoff and classification.
• C) Occurrence, completeness, authorization, accuracy, cutoff and classification.
• D) Existence, rights and obligations, accuracy, authorization, and completeness.

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Definitions:

Variable-ratio Schedule

A reinforcement schedule in behavioral psychology where a response is rewarded after an unpredictable number of responses, enhancing its effect on behavior.

Reinforcement

A concept in behaviorism that refers to any event that strengthens or increases the likelihood of a behavior being repeated.

Fixed Number

A fixed number usually refers to a constant quantity or value that does not change in a given context, such as a fixed number of repetitions in an experiment.

Fixed-ratio Schedule

A schedule of reinforcement where a response is reinforced only after a specified number of responses have been made.