A substantive test of transactions to test the completeness assertion includes
A) Tracing a sample of time cards to the payroll register.
B) Testing a sample of payroll checks for the presence of an authorized time card.
C) Testing postings to the payroll register for a sample of payroll checks.
D) Recomputing the accuracy of a sample of payroll checks.

Question

Quizplus · Accepted Answer

Tracing a sample of time cards to the payroll register will help ensure that all hours worked by employees have been properly recorded and included in the payroll calculations, which tests the completeness assertion. Choice B tests the authorization assertion, choice C tests the accuracy assertion, and choice D tests the valuation assertion.

A Substantive Test of Transactions to Test the Completeness Assertion