By selecting a sample of additions to property, plant, and equipment and then examining the related vendor invoices, the auditor is testing which of the following assertions for property, plant, and equipment?

Question

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By examining the vendor invoices, the auditor is testing whether the additions to property, plant, and equipment actually occurred (i.e., the assets were acquired and put to use). This is testing the occurrence assertion.

By Selecting a Sample of Additions to Property, Plant, and Equipment