For Which of the Following Audit Tests Would an Auditor

question 85

Multiple Choice

For which of the following audit tests would an auditor most likely use attributes sampling?

• A)Making an independent estimate of the amount of a LIFO inventory.
• B)Examining invoices in support of the valuation of fixed asset additions.
• C)Selecting accounts receivable for confirmation of account balances.
• D)Inspecting employee time cards for proper approval by supervisors.

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Definitions:

Body Language

Non-verbal communication through physical behaviors, such as gestures, postures, and facial expressions, which can convey feelings and attitudes.

Courtesy

A respectful and considerate behavior towards others, marked by politeness and good manners.

Networking Event

An organized gathering designed to promote the establishment and development of business relationships and professional contacts.

Business Card

A small card printed with one's personal business information, such as name, contact details, and company affiliation, used for networking purposes.