Tests of Details of Balances Are Specific Audit Procedures That

question 55

Multiple Choice

Tests of details of balances are specific audit procedures that are intended to:

• A) test for monetary errors in the financial statements.
• B) prove that the accounts with material balances are classified correctly.
• C) prove that the trial balance is in balance.
• D) identify the details of the internal control system.

---

Definitions:

Complex Needs

Situations or conditions that require multiple forms of support or intervention due to their intricate or compounded nature.

Hawthorne Studies

A series of studies conducted in the early 20th century focusing on how work conditions affect employee productivity and morale.

Informal Organization

The ever-changing set of relationships and interactions that are not formally put together; they form naturally in the workplace.

Elton Mayo

An Australian psychologist and organizational theorist best known for his research in the Hawthorne Studies, which examined the effects of social relations, motivation, and employee productivity.