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Why it is so that tracing purchase invoice to PDB relates to Occurrence.
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Agreeing Purchase day book to non current asset register is Completeness?Basically i know what completeness and occurrence are but having problem with this.
Well, some assertions can be tested simultaneously and are anyhow linked. If there is a new non-current asset bought, the flow of accounting information would be invoice to pdb to ledger. If that link is tested then you are gaining assurance that the acquisition occurred, that it has been completely posted (and also that the cost recorded in the non-current asset ledger is accurate and, after depreciation, is correctly valued.
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