The test details of balances procedure that requires the auditor to trace the book balance on the reconciliation to the general ledger is an attempt to satisfy the audit objective of:

Question

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The test details of balances procedure requiring the auditor to trace the book balance on the reconciliation to the general ledger is aimed at satisfying the audit objective of detail tie-in, which aims to ensure the agreement between the details in the accounting records and those in the financial statements. The procedure's objective is to ensure that the amounts shown in the reconciliation agree with those in the general ledger. Therefore, choice A is the best answer. The existence objective aims to ensure that the assets and liabilities included in the financial statements exist as of the balance sheet date. The completeness objective aims to ensure that all transactions and events that should be included in the financial statements are included, while the accuracy objective aims to ensure that the financial information in the statements is materially accurate.

The Test Details of Balances Procedure That Requires the Auditor