When Comparing an Initial Audit with a Subsequent Year Audit

question 33

Multiple Choice

When comparing an initial audit with a subsequent year audit for a particular client,the scope of audit procedures for which of the following accounts would be expected to decrease the most?

• A)Accounts receivable.
• B)Cash.
• C)Marketable securities.
• D)Property,plant,and equipment.

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Definitions:

Derived Class

A class that inherits attributes and methods from a base class, also known as a subclass.

Base Classes

In object-oriented programming, classes that act as a foundation from which other classes (derived or child classes) can be created through inheritance.