12. When auditing' intangible assets, the auditor would likely recomputed amortization and determine whether management's recorded amount is reasonable. When performing this procedure which assertion is the auditor primarily gathering evidence for? a. Completeness b. Existence c. Valuation d. Rights and obligations.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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12. When auditing' intangible assets, the auditor would likely recomputed
amortization and determine whether management's recorded amount is
reasonable. When performing this procedure which assertion is the
auditor primarily gathering evidence for?
a. Completeness
b. Existence
c. Valuation
d. Rights and obligations.
Transcribed Image Text:12. When auditing' intangible assets, the auditor would likely recomputed amortization and determine whether management's recorded amount is reasonable. When performing this procedure which assertion is the auditor primarily gathering evidence for? a. Completeness b. Existence c. Valuation d. Rights and obligations.
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