Substantive Audit Procedures in the Inventory Process Are

question 17

Multiple Choice

Substantive audit procedures in the inventory process are

• A)reviewing policies and procedures
• B)observation
• C)monitoring
• D)recalculation
• E)risk assessment
• F)both A and C
• G)both B and D
• H)both D and E

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Definitions:

Failure

The lack of success in achieving a goal or fulfilling a task, often seen as an opportunity for learning and growth.

Escape Learning

A form of learning where the subject acquires a response to avoid an unpleasant or aversive stimulus.

Aversive Stimulation

A process involving the use of unpleasant stimuli to reduce or eliminate undesirable behaviors.

Response

A response to a certain trigger or scenario that may manifest physically, emotionally, or in actions.