Which of the Following Is Not an Example of Management's

question 10

Multiple Choice

Which of the following is not an example of management's policies and procedures over the preparation of accounting estimates?

• A)Accumulation of relevant,sufficient,and reliable data.
• B)Preparation of estimates by qualified personnel.
• C)Review by the independent auditor.
• D)Consideration by management of whether the accounting estimates are consistent with the company's operational plans.

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Definitions:

Correlational Study

A descriptive study that looks for a consistent relationship between two phenomena.

Consistent Relationship

A stable and reliable connection between individuals or variables, where patterns of interaction or correlation are predictable over time.

Positively Correlated

A relationship between two variables where an increase in one variable is associated with an increase in the other variable.

Students' Heights

The measurement of how tall students are, often collected for health, research, or administrative purposes.