Auditors gathering evidence that transactions and events have been recorded at appropriate amounts consider _______.
A)accuracy
B)occurrence
C)completeness
D)classification

Question

Quizplus · Accepted Answer

When auditors gather evidence to ensure that transactions and events have been recorded at appropriate amounts, they are checking for accuracy, which means that the recorded amounts are correct. Occurrence refers to whether a recorded transaction or event occurred during the period under audit. Completeness refers to whether all transactions and events that should have been recorded have been recorded. Classification refers to whether transactions and events have been recorded in the appropriate accounts.

Auditors Gathering Evidence That Transactions and Events Have Been Recorded