Completeness and existence are the auditor's primary objectives in auditing manufacturing equipment.

Question

Quizplus · Accepted Answer

The auditor's primary objectives in auditing manufacturing equipment are completeness and existence, as stated in the question. Completeness means ensuring that all existing manufacturing equipment is accounted for, while existence means verifying that the reported equipment actually exists and is in use.

Completeness and Existence Are the Auditor's Primary Objectives in Auditing