Vouching transactions from journals to source documents tests for the objective of:
A) completeness.
B) valuation.
C) existence.
D) accuracy.

Question

Quizplus · Accepted Answer

Vouching transactions from journals to source documents tests for the objective of existence, which ensures that the recorded transactions actually occurred and were supported by valid source documents. Completeness, accuracy, and valuation are other audit objectives that may also be tested through vouching, but are not the primary focus.

Vouching Transactions from Journals to Source Documents Tests for the Objective