8 From the information given below, identify a statement which deals with appropriateness of audit evidence. a. Only audit evidence obtained from internal sources are appropriate b. Quality of audit evidence must be relevant and reliable c. None of the options d. Audit evidence must be adequate in quantity
8 From the information given below, identify a statement which deals with appropriateness of audit evidence. a. Only audit evidence obtained from internal sources are appropriate b. Quality of audit evidence must be relevant and reliable c. None of the options d. Audit evidence must be adequate in quantity
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter6: A Framework For Audit Evidence
Section: Chapter Questions
Problem 21MCQ
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Question
8
From the information given below, identify a statement which deals with appropriateness of audit evidence.
a.
Only audit evidence obtained from internal sources are appropriate
b.
Quality of audit evidence must be relevant and reliable
c.
None of the options
d.
Audit evidence must be adequate in quantity
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