An Auditor Selected Items for Test Counts While Observing a Client's

question 28

Multiple Choice

An auditor selected items for test counts while observing a client's physical inventory. The auditor then traced the test counts to the client's inventory listing. This procedure most likely obtained evidence concerning management's balance assertion of

• A)rights and obligations.
• B)completeness.
• C)existence.
• D)accuracy and valuation.

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Definitions:

Mission Control

A feature in macOS that allows users to view all open applications and windows, facilitating easier navigation and multitasking.

Virtual Machines

Software emulations of physical computers, allowing multiple operating systems to run on a single physical hardware host.

Dock

An area of water where ships are parked, or a platform for loading and unloading, or a support device for electronic gadgets.

Data Protection Plan

A strategic approach to ensure the privacy, confidentiality, and integrity of data through policies, procedures, and technical measures.