The auditor traces items from the journals back to the source documents in order to satisfy the
A)occurrence objective.
B)completeness objective.
C)ownership objective.
D)valuation objective.

Question

Quizplus · Accepted Answer

The occurrence objective focuses on ensuring that transactions actually occurred and were properly authorized. By tracing items back to source documents, the auditor is gathering evidence that supports the occurrence objective.

The Auditor Traces Items from the Journals Back to the Source