alleryStart learning →Which PERCV assertion means all transactions that should be processed were processed?
AValuation
BCompleteness
CPresentation
DRights
Answer & Solution
Correct answer: B. Completeness
Completeness means every transaction that ought to be recorded has been processed.
Keep practising Internal Audit
Browse all Internal Audit questions for CA Final, or explore more Auditing topics.
Related questions
The second line is separate from delivery but is:Management owns internal control; internal auditors:Strategic planning for internal audit may use which framework?Internal audit's role in enterprise risk management is typically:The Sarbanes-Oxley Act, which raised the profession's profile, dates from:Internal audit scope can include proactive audits to identify:Internal audit is often used as what for future managers?Sawyer urged auditors to focus on which type of auditing?