Early Substantive Testing of Inventory Balances Is Only Done When

question 51

Multiple Choice

Early substantive testing of inventory balances is only done when

• A)the client has a good system of internal controls relating to expense account balances
• B)the client has good policies and procedures relating to the account balances
• C)the client has a good system of internal controls relating to the account balances.
• D)the client has good policies and procedures relating to the account balances.

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.