Selecting a Sample of Paid Notes and Tracing Interest Costs

question 1

Multiple Choice

Selecting a sample of paid notes and tracing interest costs to the general ledger expense account is a test of the control objective of ________.

• A)accounting
• B)accuracy
• C)completeness
• D)validity

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Definitions:

Prejudice

A preconceived opinion that is not based on reason or actual experience, often leading to biased judgments or discriminatory behavior.

Discrimination

refers to unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Prejudice

A preconceived opinion or judgment towards people or ideas without proper knowledge, fairness, or reason.

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.