The test of details of balances procedure that requires the auditor to trace the book balance on the reconciliation to the general ledger is an attempt to satisfy the audit objective of
A) detail tie-in.
B) existence.
C) completeness.
D) accuracy.

Question

Quizplus · Accepted Answer

The test of details of balances procedure that requires the auditor to trace the book balance on the reconciliation to the general ledger is an attempt to satisfy the audit objective of detail tie-in. This procedure is used to ensure that the amounts recorded on the reconciliation agree with the amounts recorded in the general ledger.

The Test of Details of Balances Procedure That Requires the Auditor