Which of the following procedures is most relevant to testing the completeness assertion for prepaid insurance? a.

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Which of the following procedures is most relevant to testing the completeness assertion for prepaid insurance?

a. Testing whether insurance coverage exceeds the replacement value of insured tangible property.

b. Confirming insurance policies with carriers.

c. Reconciling premium payments with cash disbursement records.

d. Agreeing total expense and unexpired premiums with the general ledger.

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Auditing And Assurance Services

ISBN: 9780538869522

5th Edition

Authors: David Ricchiute

Question Posted: May 04, 2024 02:00 AM

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Which of the following procedures is most relevant to testing the completeness assertion for prepaid insurance? a.

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