Final answer:
Auditors tracing items from source documents to journals aim for completeness, ensuring all transactions are recorded in the financial statements. The correct answer is option b.
Step-by-step explanation:
When an auditor traces items from the source documents to the journals, they are aiming to achieve audit evidence to satisfy the completeness objective. The completion of this process supports the idea that all transactions and events that should have been recorded.
It have indeed been included in the financial statements. It involves ensuring that no item that should be recorded is omitted from the accounting records. This is crucial as it also helps to verify that all transactions are accounted for.
The financial statements present a complete picture of the company's financial activity for the period under scrutiny. The auditor traces items from the source documents to the journals in order to accumulate audit evidence that will satisfy the existence objective.