In confirming with an outside agent, such as a financial institution, that the agent is holding investment securities in the entity’s name, an auditor most likely gathers evidence in support of management’s financial statement assertions regarding

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In confirming with an outside agent, such as a financial institution, that the agent is holding investment securities in the entity’s name, an auditor most likely gathers evidence in support of management’s financial statement assertions regarding

A. Existence.

B. Rights and obligations.

C. Completeness.

D. All of these.

Answer: All of these

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