Which Set of Assertions Are Tested When, During Completion of the Audit

question 19

Multiple Choice

Which set of assertions are tested when, during completion of the audit, the audit partner conducts a final review of the format of the entity's financial report?

• A)Assertions about classes of transactions and events.
• B)Assertions about account balances at the period end.
• C)Assertions about presentation and disclosure.
• D)None of the given answers are correct.

---

Definitions:

Gear Selector

A mechanism in vehicles that allows the driver to choose between different gears in a transmission, typically found in the form of a lever or electronic switch.

Main Pressure

The primary or leading pressure within a system, often referring to hydraulic or fluid pressure in machinery.

Hydromechanical Transmission

A type of transmission that combines hydraulic and mechanical systems to transfer power from the engine to the wheels of a vehicle.