In testing the existence assertion for an asset, an auditor ordinarily works from the a. Financial statements

Question:

In testing the existence assertion for an asset, an auditor ordinarily works from the

a. Financial statements to the potentially unrecorded items.

b. Potentially unrecorded items to the financial statements.

c. Accounting records to the supporting documents.

d. Supporting documents to the accounting records.

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Answer The correct answer is d Supporting documents to the accounting records Explanation When testi...View the full answer

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