Which of the Following Would Be least likely to Be

question 73

Multiple Choice

Which of the following would be least likely to be regarded as a test of a control?

• A)Tests of the additions to property by physical inspection.
• B)Comparisons of the signatures on cancelled checks to the authorized check signer list.
• C)Tests of signatures on purchase orders.
• D)Recalculation of payroll deductions.

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Definitions:

Books

Bound printed works consisting of written or illustrated pages, typically used for reading or study.

Weak Axiom

A concept in consumer theory that assumes if a consumer prefers a bundle A over bundle B when prices are unchanged, they will not prefer B over A if the price of A decreases and B remains the same or increases.

Revealed Preference

An economic theory that assumes consumers' preferences can be revealed by their purchasing habits.

Prices

The sum of money needed to buy a product, service, or property.