Multiple Choice
The test of details of balances procedure to 'foot the acquisitions schedule' is done to satisfy which audit objective?
A) existence
B) detail tie-in
C) classification
D) cutoff
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q127: The starting point for the audit of
Q128: The process of transferring money from one
Q129: The balance-related audit objective to determine that
Q130: A set of records for each piece
Q131: The auditor recalculates approximate interest expense, using
Q133: Client business risk relating to cash may
Q134: When auditing owners' equity, the rights and
Q135: The test that proves the bank reconciliation
Q136: Which of the following objectives is usually
Q137: Tests for kiting are performed using a