An auditor traces the serial number on equipment t...

Auditing Practice Questions Test 1 (Chapters 1-4) Test

Question Number 7

An auditor traces the serial number on equipment to a nonissuer's sub-ledger. Which of the following management assertions is supported by this test?

A) Valuation and allocation

B) Completeness

C) Rights and obligations

D) Presentation and disclosure

✔ Correct Answer:

B) Completeness

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Auditing Practice Questions Test 1 (Chapters 1-4) Test

Question Number 7

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