Following Is a List of Specific Audit Objectives, Accompanied by a List

question 9

Essay

Following is a list of specific audit objectives, accompanied by a list of possible audit procedures for inventory.
REQUIRED: For each specific objective, indicate the assertion from which it was derived, and the audit procedure that best meets that objective. (Each procedure can only be used once.) Use the appropriate letters for the procedures and the following letters for the assertions:
A.Existence or occurrence
B.Completeness
C.Valuation or allocation
D.Rights and obligations
E.Presentation and disclosure

---

Definitions:

Playground

An outdoor area provided for children to play in, especially at a school or public park.

Parental Influences

The effects that parents have on their children's development, behaviors, beliefs, and personality.

Treating

The act of providing medical care or attention to someone or something.

Boy Or Girl

Typically refers to the biological sex of a person, determined by their physical characteristics at birth.