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NCA Assertions

IIzabel6y ago
A. For a sample of assets selected by physical inspection, agree that they are listed on the non-current assets register B. For a sample of non-current assets listed on the non-current assets register, physically inspect the asset I dont understand why A is a procedure for existence ? Then what about B ?
KimKimTutor6y ago#1
Can you please tell me where you are seeing these options?
KimKimTutor6y ago#2
To physically inspect/see/touch/feel an asset provides irrefutable evidence of existence. Therefore to test from "book (i.e. recording) to physical" is always the test for existence and from "physical to book" the test for completeness (of recording). So A is test for completeness and B the test for existence.
IIzabel6y ago#3
I saw this in BPP kit Q121 Expert Co. and the answer says vice versa. So I am a little confused
IIzabel6y ago#4
i understood it now thank you
KimKimTutor6y ago#5
In my old version it is Q119 an it asks which is the test for completeness - so perhaps the Q has been changed but not the answers - hence the error.
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