True/False
When auditors trace the test counts they took at the physical inventory count to the final inventory summary,they are gathering evidence on the completeness assertion.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q48: Which of the following situations indicates a
Q49: Which of the following is a common
Q50: Auditors must place more emphasis on the
Q51: Jack CPA is the auditor of Jill
Q52: Why are payables vouchers marked "paid" after
Q54: The control objective associated with selecting a
Q55: An auditee may count the inventory at
Q56: Employees in the receiving department should inspect
Q57: Proper segregation of duties in the purchases,payables
Q58: An auditee uses a cut-off date other