An auditor most likely would inspect loan agreements under which an entity's inventories are pledged to support management's financial statement assertion of:

A) Completeness.

B) Existence or occurrence.

C) Presentation and disclosure.

D) Valuation or allocation.

All corporate capital stock transactions should ultimately be traced to the:

		A) Cash disbursements journals.
		B) Minutes of the board of directors.
		C) Cash receipts journal.
		D) Numbered stock certificates.

I know the answer is not D on either of these questions because that is what I answered and it was incorrect.

Thank you so much for your help!