Which of the following provides evidence for the occurrence assertion?
A)Tracing
B)Visualization
C)Vouching
D)Tests of controls

Question

Quizplus · Accepted Answer

Vouching provides evidence for the occurrence assertion by looking at supporting documentation to verify that the transactions actually occurred. Tracing involves following a transaction from its origin to its completion, visualization is a method for understanding processes or systems, and tests of controls are procedures used to test the effectiveness of controls in preventing errors and fraud.

Which of the Following Provides Evidence for the Occurrence Assertion