Substantive Audit Procedures in the Inventory Process Are

question 87

Multiple Choice

Substantive audit procedures in the inventory process are

• A)inspection of records,documents,or tangible assets
• B)monitoring
• C)inquiry
• D)risk assessment
• E)reviewing policies and procedures
• F)both A and C
• G)both B and D
• H)both D and E

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Definitions:

Stroking

In transactional analysis, a form of recognition or acknowledgment that validates an individual’s feelings or efforts.

Biogenetic Needs

Essential biological requirements for human survival, such as food, water, and shelter, thought to be influenced by genetic factors.

Adult Ego State

A term from transactional analysis referring to a state of mind that is rational, objective, and oriented towards problem-solving.

Parent Ego State

A concept in Transactional Analysis referring to a set of feelings, attitudes, and behaviors that are learned from parental figures.