Which of the PCAOB assertions (A-E)are best verified by the following audit procedures (1-4)?
A.Existence or occurrence
B.Rights and obligations
C.Valuation or allocation
D.Completeness
E.Presentation and disclosure
1.Confirming inventory held on consignment by the client with independent third party.2.Consulting the Wall Street Journal for year-end prices of securities held by the client.3.Physically examine all major property and equipment additions.4.Review the aged trial balance for significant past due accounts.

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The Answer of Which of the PCAOB assertions (A-E)are best verified by the following audit procedures (1-4)?
A.Existence or occurrence
B.Rights and obligations
C.Valuation or allocation
D.Completeness
E.Presentation and disclosure
1.Confirming inventory held on consignment by the client with independent third party.2.Consulting the Wall Street Journal for year-end prices of securities held by the client.3.Physically examine all major property and equipment additions.4.Review the aged trial balance for significant past due accounts.

Which of the PCAOB Assertions (A-E)are Best Verified by the Following