If we want to get some idea about a/an ________ over time between two specific assets, we can compare the returns on top-rated corporate bonds and U.S. government bonds

When auditing merchandise inventory at year-end, the auditor performs audit procedures to obtain evidence that no goods held on consignment are included in the client's ending inventory balance. This audit procedure provides assurance about which management assertion?

A. Completeness. B. Existence. C. Valuation and allocation. D. Rights and obligations. E. Occurrence.

A check that has been outstanding for more than three months is considered stale, and the bank is under no obligation to pay it

Indicate whether the statement is true or false