Kenneth Beach wanted to ensure that all the transactions at his client were recorded. For which assertion was he conducting these detailed substantive procedures?
A) occurrence
B) completeness
C) cut-off
D) none of the above

Question

Quizplus · Accepted Answer

Kenneth Beach was conducting detailed substantive procedures to ensure the completeness assertion. The completeness assertion ensures that all transactions that should be recorded are actually recorded in the financial statements. By conducting detailed procedures, Beach was trying to ensure that no transactions had been left unrecorded or omitted.

Kenneth Beach Wanted to Ensure That All the Transactions at His