Auditing and Assurance Services 1st Edition by Iris Stuart

تمرين 9

During an audit of a company's equity accounts, the auditor determines whether restrictions have been imposed on retained earnings resulting from loans, agreements, or state law. This audit procedure most likely is intended to verify management's assertion of
a. Existence or occurrence.
b. Completeness.
c. Valuation or allocation.
d. Presentation and disclosure.