When testing the occurrence assertion, the auditor may:
A) examine supporting documentation for paid invoices.
B) examine open purchase orders.
C) examine the appropriate journals for evidence of posting.
D) All of the above.

Question

Quizplus · Accepted Answer

Examining supporting documentation for paid invoices helps verify that recorded transactions actually occurred, which is the focus of the occurrence assertion.

When Testing the Occurrence Assertion, the Auditor May