Question: ) An auditor uses an AI and machine learning application to read leases and to determine if a lease should be accounted for as a

)

An auditor uses an AI and machine learning application to read leases and to determine if a lease should be accounted for as a finance lease or an operating lease. In this case, the auditor is focused on auditing which assertion?

Existence.

Valuation.

Cutoff.

Classification.

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