An auditor most likely would inspect additions to the audit client's Property, Plant, and Equipment account to obtain evidence concerning management's assertions about:

Question

Quizplus · Accepted Answer

Inspecting additions to the Property, Plant, and Equipment (PPE) account primarily provides evidence about the existence or occurrence assertion, ensuring that the assets recorded in the financial statements actually exist and were acquired or constructed during the period.

An Auditor Most Likely Would Inspect Additions to the Audit