Use of Bank Statements to Confirm Components of Financial Statements

question 37

True/False

Use of bank statements to confirm components of financial statements and tax returns is an example of third-party data.

---

Definitions:

Habits Frequently

Regular patterns of behavior that are often carried out subconsciously and become routine through frequent repetition.

Willpower Exercises

Activities or practices aimed at strengthening an individual's self-control and ability to resist short-term temptations in pursuit of long-term goals.

Self-Regulation

The ability to manage and control one's own emotions, thoughts, and behaviors in different situations.

Willpower

The capacity to resist short-term temptations in order to meet long-term goals.