Testing a sample of repairs and maintenance expense items to ensure that they were properly classified as repairs as opposed to property, plant, and equipment tests which of the following assertions?

Question

Quizplus · Accepted Answer

Testing the classification of repairs and maintenance expense items ensures that they are appropriately classified as repairs, which relates to the assertion of classification. The other assertions (completeness, cutoff, and authorization) are not directly relevant to this type of testing.

Testing a Sample of Repairs and Maintenance Expense Items to Ensure