Which of the following assertions is the primary assertion that is satisfied by physically observing the client's count of inventory?
A)rights.
B)valuation.
C)completeness.
D)existence.

Question

Quizplus · Accepted Answer

Physically observing the client's count of inventory ensures the existence assertion is satisfied. This is because observing the physical inventory confirms that the assets are physically present and therefore exist.

Which of the Following Assertions Is the Primary Assertion That