________ is a balance-related audit objective that is not applicable to liabilities.
A) Existence
B) Accuracy
C) Detail tie-in
D) Realizable value

Question

Quizplus · Accepted Answer

Realizable value is a balance-related audit objective that is relevant for assets, but not for liabilities. The other three options (existence, accuracy, and detail tie-in) are relevant for both assets and liabilities.

________ Is a Balance-Related Audit Objective That Is Not Applicable