Which of the Following Situations Would Normally Be Discovered by Testing

question 11

Multiple Choice

Which of the following situations would normally be discovered by testing the bank reconciliation?

• A)Failure to bill a customer.
• B)Failure to include a deposit in transit on the bank reconciliation.
• C)Duplicate payment of a vendor's invoice.
• D)Payment to an employee for more hours than she worked.

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Definitions:

Absorption

The process by which one substance takes in or soaks up another; in biology, it often refers to how nutrients from food are taken into the body.

Sexual Feelings

Emotions and physiological sensations related to sexual attraction, desire, and activities, which are natural aspects of human sexuality.

Self-Serving Bias

A cognitive bias that involves attributing positive events to one's own character but attributing negative events to external factors, thereby protecting self-esteem.

Fundamental Attribution Error

The tendency to underestimate situational factors and overestimate personal characteristics when explaining others' behaviors.