Question: Cutoff tests designed to detect purchases made and associated goods received before the year end that have been recorded in the subsequent year most likely

Cutoff tests designed to detect purchases made and associated goods received before the year end that have been recorded in the subsequent year most likely would provide assurance about which of management's assertion about purchase?

valuation or allocation.

existence or occurrence.

completeness.

rights and obligations.

Cutoff tests designed to detect purchases made

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