An Auditor Selected Items for Test Counts from the Client's

Multiple Choice

An auditor selected items for test counts from the client's warehouse during the physical inventory observation. The auditor then traced these test counts into the detailed inventory listing that ultimately agreed to the financial statements. This procedure most likely provided evidence concerning management's assertion of:

A) completeness.
B) valuation.
C) presentation and disclosure.
D) existence.
E) rights and obligations.