An Auditor's Test of Transaction Processing Whereby the Auditor Is

question 97

Multiple Choice

An auditor's test of transaction processing whereby the auditor is evaluating both the operation and effectiveness of controls and the correctness and completeness of processing and posting to an account balance is:

• A)a test of controls.
• B)a substantive test.
• C)a dual-purpose test.
• D)an analytical review procedure.

---

Definitions:

Brand Bureaucracy

The structured, often complex, system of administration and regulations within an organization focused on managing its brand(s).

Relevance

The degree to which something is related or useful to what is happening or being talked about.

Brand Bureaucracy

The complex and formalized structures and processes within an organization focused on managing and maintaining the brand, which can sometimes stifle creativity and innovation.