An auditor is gathering evidence on the completeness assertion.To do so she performs a test to verify that all goods received by the company have been recorded properly.The document population for this test would consist of all:
A)vendor invoices.
B)purchase orders.
C)receiving reports.
D)cash disbursements for accounts payables.

Question

Quizplus · Accepted Answer

Receiving reports would be the best population to test for completeness of goods received, as they document the physical receipt of the goods by the company. Vendor invoices and purchase orders do not necessarily provide evidence of the actual receipt of goods, and cash disbursements for accounts payable would not be relevant to this test.

An Auditor Is Gathering Evidence on the Completeness Assertion