Directional Testing Explain the Meaning of "Directional Testing" and Identify

question 14

Essay

Directional testing Explain the meaning of "directional testing" and identify the reasons why directional testing leads to audit efficiency.Give examples of directional testing for the existence and completeness assertions.

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Definitions:

Strategic Game

A situation in which players make decisions by taking into account the anticipated strategies and actions of competitors.

Corporate Coffee

Refers to coffee shops and chains that are corporately owned, often characterized by their widespread presence and uniform offerings.

Extensive Form

A representation of a game that shows the sequence of moves, their possible outcomes, and payoffs for each player.

Strategic Form

Strategic form, often referred to in game theory, is a representation of a game that summarizes the strategies and their respective payoffs for all players.