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.

---

Definitions:

Default Font

The pre-selected or standard font set by a software or document template, used unless changed by the user.

Office Theme

A set of formatting choices including colors, fonts, and effects designed to provide a consistent look across all the documents and presentations created in Microsoft Office products.

Format Column

The action or method of adjusting the appearance of columns in a spreadsheet or table, including width, color, text style, and alignment.

Arithmetic Operator

Symbols used in mathematics and programming to denote operations like addition, subtraction, multiplication, and division.