When an auditor inspects tangible assets on hand and traces the details to the details recorded in

Question:

When an auditor inspects tangible assets on hand and traces the details to the details recorded in the client’s records, the auditor is gathering evidence to support the: 

(a) Completeness assertion. 

(b) Existence assertion. 

(c) Both (a) and (b). 

(d) Neither (a) nor (b).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

Question Posted: