An auditor uses an AI and machine learning application to read leases and to determine if a

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 finance lease or an operating lease. In this case, the auditor is focused on auditing which assertion? 

a. Existence. 

b. Valuation. 

c. Cutoff. 

d. Classification.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing A Practical Approach With Data Analytics

ISBN: 9781119785996

2nd Edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

Question Posted: