If an auditor is performing procedures related to the information that is contained in the client's pension footnote,he/she is most likely obtain evidence concerning management's assertion about
A)rights and obligations.
B)existence.
C)valuation.
D)presentation and disclosure.

Question

Quizplus · Accepted Answer

The pension footnote is related to the presentation and disclosure of pension related information. Therefore, the auditor is most likely obtaining evidence concerning management's assertion about the presentation and disclosure of the pension information.

If an Auditor Is Performing Procedures Related to the Information