An Auditor Should Re-Perform Calculations on a Random Basis to Check

question 34

True/False

An auditor should re-perform calculations on a random basis to check for accuracy.Usually,if one component has been calculated properly,the auditor can rely that the other components have also been computed properly.

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Definitions:

Misinformation Effect

A memory distortion phenomenon where post-event information influences an individual's recollection of an original event.

Reconstructed

Reconstructed refers to something that has been built or formed again, often with changes, based on memory or past elements.

Framed

In psychology, framing refers to the way information is presented to influence decision making and judgment.

Unchanging

Not altering, modifying, or evolving; remaining the same over time.