An auditor's primary substantive procedures for investments typically include inspection of securities held by the client and confirmation of securities held by third parties. Which of the following assertion(s) is(are) addressed by the audit procedures previously mentioned? *
An auditor's primary substantive procedures for investments typically include inspection of securities held by the client and confirmation of securities held by third parties. Which of the following assertion(s) is(are) addressed by the
A. I and IV
B. I, II and IV
C. II and IV
D. I and VII
An auditor's primary substantive procedures for investments typically include detailed review of minutes of meeting and review financial statement presentation and disclosure of investments including related account. Which of the following assertion(s) is(are) addressed by the audit procedures previously mentioned? *
A. III and V
B. V and VIII
C. III, VI and VIII
D. V, VII and VIII
![I. Existence
II. Occurrence
III. Completeness
IV. Valuation and Allocation
V. Accuracy
VI. Classification
VII. Rights and Obligations
VIII. Presentation and Disclosure](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F33ebe1e7-a6cc-4cb1-9c70-f3716235d55e%2F8c9fb335-588b-42be-9312-2bcfc369da3f%2F2sje9bd_processed.png&w=3840&q=75)
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