In confirming with an outside agent,such as a financial institution,that the agent is holding investment securities in the client's name,an auditor most likely gathers evidence in support of management's financial statement assertions regarding

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Confirming with an outside agent about investment securities supports all assertions: Existence (securities exist), Rights and obligations (client owns the securities), and Completeness (all securities are recorded).

In Confirming with an Outside Agent,such as a Financial Institution,that