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An auditor observed that a client mails monthly statements to customers. Subsequently, the auditor reviewed evidence of follow-up on the errors reported by the customers. This test of controls was most
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An auditor observed that a client mails monthly statements to customers. Subsequently, the auditor reviewed evidence of follow-up on the errors reported by the customers. This test of controls was most likely performed to support management's financial statement assertion(s) of

Classification and understandability
rights and obligations

A. Yes Yes
B. Yes No
C. No Yes
D. No No

User Cms
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5.4k points

1 Answer

3 votes

Answer:

C. No Yes

Step-by-step explanation:

Classification and understand-ability = NO

rights and obligations= YES

User Nouman Ch
by
5.1k points
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