Auditing a Cost Accounting System Will Require the Auditor to Understand

question 35

Multiple Choice

Auditing a cost accounting system will require the auditor to understand

• A)the tracking of the costs through the cost accounting system
• B)the recording of the costs through the cost accounting system
• C)how the quantities of inventory are reflected in the periodic inventory files
• D)how the costs of inventory are reflected in the periodic inventory files
• E)how only the quantities of inventory are reflected in the perpetual inventory files

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Definitions:

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any prior learning.

Metronome

A mechanical or electronic device used to keep a steady tempo by producing a regulated sound, aiding musicians in maintaining a consistent pace in their performance.

Unconditioned Reflexes

Automatic or natural responses to a stimulus that occur without prior learning or conditioning.

CS

Conditioned Stimulus; A previously neutral stimulus that, after being paired with an unconditioned stimulus, evokes a conditioned response.