The control related to the completeness assertion is
A) determining the mathematical accuracy of the suppliers' invoices.
B) serially numbering suppliers' invoices on receipt so that subsequent checks of numerical continuity can confirm that all invoices are recorded.
C) preparing a daily prelist of suppliers' invoices approved for payment.
D) coding the account distributions on the suppliers' invoices.

Question

Quizplus · Accepted Answer

Serially numbering suppliers' invoices on receipt helps to ensure that all invoices are recorded, which is necessary for the completeness assertion. This control allows for subsequent checks of numerical continuity to confirm that no invoices have been missed. The other answer choices relate to different assertions, such as accuracy, authorization, and classification.

The Control Related to the Completeness Assertion Is