When tracing a sample of shipping documents from throughout the year to the details of the sales invoices and to the sales journal and customers' accounts receivable subsidiary ledger, the auditor is testing the ________ assertion.
A)classification
B)cutoff
C)existence
D)completeness

Question

Quizplus · Accepted Answer

By tracing shipping documents to sales invoices and customers' accounts, the auditor is testing the completeness assertion, which ensures that all transactions and related accounts have been recorded.

When Tracing a Sample of Shipping Documents from Throughout the Year