Assertions about whether transactions and events recorded have actually occurred relate to the assertion of:
Avaluation
Bexistence
Ccompleteness
Doccurrence
Answer & Solution
Correct answer: D. occurrence
Occurrence: recorded transactions actually took place.
Related questions
Substantive analytical procedures are generally more suited to large volumes of transactioAn original document is generally regarded as ___ reliable than a photocopy of it:Audit evidence is generally more persuasive when items of evidence from different sources The relevance of audit evidence refers to its logical connection with the:Written representations by management are audit evidence but, by themselves, do NOT providSpecific considerations for selected items such as inventory and litigation are dealt withWritten representations obtained from management are dealt with by Standard on Auditing (SAudit sampling — the application of procedures to less than 100% of items — is dealt with