When the auditor uses the audit procedure vouching she is primarily concerned with which of the following audit objectives when testing classes of transactions?

A) occurrence
B) completeness
C) authorization
D) classification

A

Business

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In an REA model, activities about which management wants to collect information for planning or control purposes are known as

A. resources B. events C. activities D. agents

Business

The decision-making process is one of the most frequently occurring processes in an organization

Indicate whether the statement is true or false

Business