A purchases cut-off test would satisfy the audit objective assertion of
A) classification.
B) rights and obligations.
C) completeness
D) none of the above

Question

Quizplus · Accepted Answer

A purchases cut-off test is designed to test the completeness assertion, ensuring that all purchases made by the company during the period have been properly recorded in the accounting system.

A Purchases Cut-Off Test Would Satisfy the Audit Objective Assertion