Which of the following procedures would an auditor most likely perform to verify a management assertion of completeness?

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belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:5| Question number:5.17

Ibrahimhamm

2022-06-27

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Which of the following procedures would an auditor most likely rely on to verify management's assertion of completeness?

  1. Observing the entity\'s distribution of payroll checks.
  2. Confirming a sample of recorded receivables by direct communication with the debtors.
  3. Reviewing standard bank confirmations for indications of cash manipulations.
  4. Comparing a sample of shipping documents to related sales invoices.

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Ibrahimhamm

2022-06-27

D. Comparing a sample of shipping documents to related sales invoices.

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CPA Auditing and Attestation

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Question No. 1

Choose the correct option from the given list.

Compare a sample of shipping documents to related sales invoices.

Observe the client's distribution of payroll checks.

Review standard bank confirmations for indications of kiting.

Review standard bank confirmations for indications of kiting.

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