Question: eworkSavedIccording to the professional Standards, a financial statement assertion is relevant if it has a reasonable possibility of con nisstatement that would cause the financial

eworkSavedIccording to the professional Standards, a financial statement assertion is relevant if it has a "reasonable possibility of con nisstatement that would cause the financial statements to be materially misstated." For each audit procedure listed below, elect the appropriate financial statement assertion that would be tested by the procedure

(

.

.,

existence or occurrence, ompleteness, valuation, rights and obligations, presentation and disclosure

)

and significant financial statement account:

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