Principles of auditing ch 6 evidence

QUESTION 2 The completeness assertion addresses whether A. All recorded transactions occurred. B. The entity has property rights to all assets on the balance sheet. C. All of the assets on the balance sheet exist. D. All of the transactions, which occurred during the period, were recorded. QUESTION 3 As the acceptable level of detection risk decreases, an auditor may change the A. Assessed level of inherent risk to a higher amount. B. Nature of substantive tests from a less effective to a more effective procedure. C. Timing of tests of controls by performing them at several dates rather than at one time. D. Timing of substantive tests by performing them at an interim date rather than at year-end