In assessing control risk for purchases, an auditor vouches a sample of entries in the voucher register to the supporting documents. Which assertion would this test of controls most likely support?
A)Completeness.
B)Occurrence.
C)Accuracy.
D)Classification.

Question

Quizplus · Accepted Answer

Vouching a sample of entries in the voucher register to supporting documents would test whether the recorded purchases actually occurred, supporting the occurrence assertion. Completeness would involve testing whether all purchases were recorded, accuracy would involve testing whether the amounts recorded were accurate, and classification would involve testing whether the purchases were properly categorized.

In Assessing Control Risk for Purchases, an Auditor Vouches a Sample