During the reporting phase, what technique is used to assess if the financial statements reflect the auditor's understanding of the client? O observation O analytical procedures O re-calculation O re-performance

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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During the reporting phase, what technique is used to assess if the financial statements reflect the
auditor's understanding of the client?
observation
O analytical procedures
O re-calculation
O re-performance
Transcribed Image Text:During the reporting phase, what technique is used to assess if the financial statements reflect the auditor's understanding of the client? observation O analytical procedures O re-calculation O re-performance
Which of the following does NOT describe sufficient appropriate audit evidence?
O appropriateness relates to the quality of evidence
O the quality of evidence affects the quantity required
O sufficiency relates to the quantity of evidence
O the sufficiency of evidence is a matter of professional scepticism
Transcribed Image Text:Which of the following does NOT describe sufficient appropriate audit evidence? O appropriateness relates to the quality of evidence O the quality of evidence affects the quantity required O sufficiency relates to the quantity of evidence O the sufficiency of evidence is a matter of professional scepticism
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