In examining controls for transactions and events,which of the following assertions would be included:

Question

Quizplus · Accepted Answer

All of the listed assertions (occurrence, completeness, and valuation) are important in examining controls for transactions and events. Occurrence ensures that recorded transactions and events actually occurred, completeness ensures that all transactions and events are recorded, and valuation ensures that transactions and events are recorded at the appropriate values.

In Examining Controls for Transactions and Events,which of the Following