$7$

TESTLET$1$

TESTLET $2$

${20}^n$

An auditor observed that a client mails monthly statements to customers. Subsequently, the auditor reviewed evidence of follow$-$up on the errors reported by the customers. This test of controls most likely was performed to support management's financial statement assertion$($s$)$ of:

Understandability of presentation and Rights and

classification

obligations

A$.$ Yes Yes

B$.$ Yes

No

C$.$

No

Yes