An auditor's purpose in auditing the information contained in the pension footnote most likely is to obtain evidence concerning management's assertion about:

Question

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The pension footnote is a very important part of the financial statements as it discloses information about the company's retirement plans, such as the contributions made, the funding status, and the assumptions used to calculate the pension obligations. Auditors would review this information to ensure that it is presented fairly and in accordance with accounting standards. Therefore, the most appropriate purpose of auditing the information contained in the pension footnote is to obtain evidence concerning management's assertion about presentation and disclosure.

An Auditor's Purpose in Auditing the Information Contained in the Pension