When the auditor uses tracing as an audit procedure for tests of transactions, he or she is primarily concerned with which audit objective?
A) occurrence
B) completeness
C) cutoff
D) classification

Question

Quizplus · Accepted Answer

Tracing is used to follow a transaction from the source document to its ultimate recording in the financial statements, ensuring that all necessary steps in processing the transaction have been completed and recorded. Therefore, the primary concern is with the completeness objective, which ensures that all transactions have been recorded.

When the Auditor Uses Tracing as an Audit Procedure for Tests