Question: When the auditor is planning substantive procedures to identify a misstatement of the assertion related to whether recorded revenue transactions are valid, the auditor is

When the auditor is planning substantive procedures to identify a misstatement of the assertion related to whether recorded revenue transactions are valid, the auditor is testing which assertion and direction of misstatement?

Question

3

options:

Completeness

/

Understatement

Existence

/

Overstatement

Accuracy

/

Understatement or Overstatement

Occurrence

/

Overstatement

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