Which of the following procedures would an auditor most likely rely on to verify managements assertion of
Question:
Which of the following procedures would an auditor most likely rely on to verify management’s assertion of completeness?
a. Reviewing standard bank confirmations for indications of cash manipulations.
b. Comparing a sample of shipping documents to related sales invoices.
c. Observing the client’s distribution of payroll checks.
d. Confirming a sample of recorded receivables by direct communication with the debtors.
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To verify managements assertion of completeness an auditor would typically perform procedures aimed ...View the full answer
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Related Book For 
Auditing And Assurance Services A Systematic Approach
ISBN: 9780073526904
6th Edition
Authors: William F. Messier
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