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An external auditor examines means, standard deviations, maximum values, and minimum values. What data validation technique is the external auditor most likely using? A) Basic

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An external auditor examines means, standard deviations, maximum values, and minimum values. What data validation technique is the external auditor most likely using? A) Basic statistical tests. B) Visual inspection. C) Auditing a sample. D) Advanced testing techniques. Tiger Bookstore has already established a credit line with McGraw Hill for all their textbook purchases. Tiger Bookstore will initially record all deliveries from McGraw Hill in which type of accounting record as part of which transaction cycle? A) general ledger; expenditure cycle B) general journal; expenditure cycle C) purchases journal; expenditure cycle D) cash disbursements journal; production cycle

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