A key aspect of testing the completeness of a data set is: a. Determining that every customer
Question:
A key aspect of testing the completeness of a data set is:
a. Determining that every customer has a transaction.
b. The data has information from customers in data files from two different divisions.
c. Checking the numerical continuity of the data.
d. The data contains misstatements.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
c Checkin...View the full answer
Answered By
Shehar bano
I have collective experience of more than 7 years in education. my area of specialization includes economics, business, marketing and accounting. During my study period I remained engaged with a business school as a visiting faculty member and did a lot of business research. I am also tutoring and mentoring number of international students and professionals online for the last 7 years.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
Question Posted:
Students also viewed these Business questions
-
How would you select a sample to test the completeness assertion for sales? Would the sample used to test the occurrence assertion be effective for testing the completeness assertion?
-
[Adapted from Wiley CPA Review] Dana, an auditor for the audit firm C&C, recently finished up testing controls relating to managements assertion concerning the completeness of sales transactions. In...
-
1. Visit the website that is designed to provide more transparency to the earmark process. Does it give you the information you need to understand current earmarks? 2. Where do you draw the line?...
-
Select the best answer. 1. A local chapter of the Society for Protection of the Environment beneted from the voluntary services of two attorneys. One served as a member of the Society's board of...
-
A metric space if compact if and only if it is complete and totally bounded. x=Us
-
In Problems 918, if a matrix is in reduced form, say so. If not, explain why and indicate the row operation(s) necessary to transform the matrix into reduced form. 1 0 0 00 1 0 01 -2 0 1
-
Use the technique discussed in Section9.4 to develop a GEE approach for zeroinflated Poisson model for count responses in longitudinal studies. Section9.4: 9.4 Marginal Models for Longitudinal Data...
-
Wempe Co. sold $3,000,000, 8%, 10-year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. The company uses straight-line amortization on bond premiums and...
-
Develop an algorithm, in the form of a Raptor flowchart, to compute and display the amount of federal income tax to be paid when provided with the income as input. The Canadian Federal income tax...
-
In this problem we will explore how modifying the gravitational force law changes orbits. In order to do this problem, you will need to understand how elliptic orbits result from Newtons...
-
Emma Reed, an audit partner at Gung & Ho, CPAs, is auditing a company in the music industry that owns multiple record labels and sells music in North America and Europe. Emma is currently performing...
-
How does each of the following influence the reliability of the data: (1) Data obtained from external versus internal sources, (2) Data obtained directly versus indirectly, (3) Data from original...
-
Determine the following standard normal (z) curve areas: a. The area under the z curve to the left of 1.75 b. The area under the z curve to the left of 20.68 c. The area under the z curve to the...
-
Date Flounder Company borrowed $38,400 on November 1, 2020, by signing a $38,400, 9%, 3-month note. Prepare Flounder's November 1, 2020, entry; the December 31, 2020, annual adjusting entry; and the...
-
Suppose General Electric (GE) is bidding on a hydroelectric dam project in Canada. If the bid is accepted, which will be known in three months, GE is going to receive C$100m to initiate the project....
-
a DNA fragment of 1000base pairs in length is digested with the restriction enzyme Xbal, which cuts the DNA at a specific recognition sequence. the enzyme generate two fragments: A and B. fragment A...
-
Okay Clothing (OC) had the following long-term investment balances for Year 1 and 2: Year 2 Year 1 Long-term investments $560,000 $485,000 During Year 2, OC sold long-term investments for $80,000,...
-
The total bonus pool is considered when using the predetermined allocation bonus for an executive. What is the key factor that determines the size of the total bonus pool?
-
On January 1, 2017, Pinnacle Corporation exchanged $3,200,000 cash for 100 percent of the outstanding voting stock of Strata Corporation. On the acquisition date, Strata had the following balance...
-
You work as an operations consultant for a textile company. Your client has a well-established distribution system in the US market. The company has hundreds of stores and four distribution centers....
-
Wiley Jackson spent three months as an audit intern with a local practice office of a major accounting firm while he was earning an undergraduate accounting degree at the University of...
-
Andrea Jung earned a degree in English literature from Princeton in 1979. Before pursuing a law degree, the 20-year-old Jung decided to take a short break from academics to gain some real-world...
-
Antoine Deltour faced a difficult decision in the summer of 2008. Deltour was searching for a job after having completed a master's degree in business with a concentration in accounting from Ecole...
-
For each of the following utility functions: Calculate MUx, MUy, MRSx,y; determine whether or not the property of more is better is satisfied for both goods; determine whether or not the marginal...
-
The estimated supply function for avocados is Q = 58 + 15p - 20pf, where p is the price of avocados and pf is the price of fertilizer. The price elasticity of supply, estimated at p = 4 and pf = 10,...
-
Suppose you want to accumulate $10,000 for a down payment for a house. You will deposit $400 at the beginning of every month in an account that credits interest monthly at the rate of 0.6% per month....
Study smarter with the SolutionInn App