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  2. Topic
    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 15: Auditing the Financinginvesting Process: Long-Term Liabilities, Stockholders' Equity, and Income Statement Accounts
  5. Question
    A Control Which Ensures That Long-Term Borrowing Is Properly Initiated
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A Control Which Ensures That Long-Term Borrowing Is Properly Initiated

Question 40

Question 40

Multiple Choice

A control which ensures that long-term borrowing is properly initiated by appropriate individuals addresses the control assertion of:


A) occurrence.
B) authorization.
C) completeness.
D) valuation.

Correct Answer:

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