In the cash and investment business process,the auditor gathers evidence to evaluate management's assertions about presentation and disclosure of the accounts in the business process.Some of these assertions are
A) completeness -disclosed events and transactions have occurred and pertain to the company
B) occurrence and rights and obligations -all disclosures that should have been made have been made
C) classification and understandability - financial information is appropriately presented and described
D) accuracy and valuation - financial information and all other information is disclosed fairly and at appropriate amounts
E) existence and occurrence - for both classes of transactions and account balances
F) both B and C
G) both C and D
H) both D and E
Correct Answer:
Verified
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