Describe whether you can use the same sample of transactions selected to test the occurrence assertion to also test the accuracy assertion.
What will be an ideal response?
Yes, it would be possible to use the sample selected to test the occurrence assertion to also test the accuracy assertion. When testing individual sales transactions or reconciling Daily Deposit Sheets to the bank deposit confirmation as part of the test of the occurrence assertion, the auditor could reperform calculations and verity prices used to test the accuracy of the sales transaction process.
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When a cashier at the local grocery store purposefully fails to scan all of the items purchased by her friends and allows her friends to leave the store without paying for all of their items, the cashier is engaged in sweethearting
Indicate whether the statement is true or false
A _______________ is a payment typically provided to a salesperson for selling an item to a customer and is usually paid as a percentage of the price of an item that is sold.
A. commission B. employee stock option C. merit pay D. piece-rate E. bonus
Finance and accounting, HRM, and legal issues are examples of which of the following OD consultant competencies?
a. Organizational Behavior b. Training and Development c. Business and Management Knowledge Areas d. General Professional Skills
According to the consumer bill of rights, the idea that consumers' interests should receive full and sympathetic consideration in the formulation of government policy is known as the right to
A. be heard. B. choose. C. be informed. D. safety. E. listen.