Question: When an auditor inspects tangible assets on hand and traces the details to the details recorded in the clients records, the auditor is gathering evidence

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.

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

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