The Internal Audit Department at Monument Company Receives Electronic Exceptions

question 15

Multiple Choice

The internal audit department at Monument Company receives electronic exceptions reports for all sales transactions entered over $10,000 in total.This process is performed for the purpose of

• A)drafting financial statements.
• B)monitoring revenue transactions.
• C)providing management reports to the controller.
• D)providing suggestions for operational improvement.

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Definitions:

Latent Learning

Learning that occurs without any obvious reinforcement of the behavior or associations that are learned until there is a reason to demonstrate it.

Conditioned Reinforcer

A stimulus that acquires its reinforcing power through association with a primary reinforcer, used to condition a response.

Primary Reinforcer

A naturally reinforcing item or outcome, like food or water, that does not require learning to become desirable or rewarding.

Operant Conditioning

A learning paradigm that tailors the intensity of a conduct through positive feedback or negative repercussions.