The Auditor Performs Substantive Procedures Related to Property,plant and Equipment

question 81

Multiple Choice

The auditor performs substantive procedures related to property,plant and equipment to determine if the assets have been pledged as collateral or title has transferred.What is the primary assertion the auditor is testing?

• A)Valuation.
• B)Rights.
• C)Presentation and disclosure.
• D)Existence.

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