Evaluating the accounting methods used and testing the valuation of securities is a primary audit objective of which assertion? * A. Existence B. Occurrence C. Completeness D. Valuation and allocation

Evaluating the accounting methods used and testing the valuation of securities is a primary audit objective of which assertion? * A. Existence B. Occurrence C. Completeness D. Valuation and allocation

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter2: Audits Of High-risk Accounts

Section2.7: Bankrate, Inc.

Problem 4Q

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Evaluating the accounting methods used and testing the valuation of securities is a primary audit objective of which assertion? *

A. Existence

B. Occurrence

C. Completeness

D. Valuation and allocation

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