During an Audit of an Entity's Stockholders' Equity Accounts, the Auditor

Multiple Choice

During an audit of an entity's stockholders' equity accounts, the auditor determines whether there are restrictions on retained earnings resulting from loans, agreements, or state law. This audit procedure most likely is intended to verify management's assertion:

A) existence or occurrence.
B) completeness.
C) valuation or allocation.
D) presentation and disclosure.