ACP AUDITING - RISK BASED APPROACH
ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
Question
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Chapter 6, Problem 4TFQ
To determine

Introduction: Audit evidence is the proof that an auditor tries to seek from an organization in order to claim that the assertions related to financial transactions are correct.

To state: Whether the given statement is true or false.

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Students have asked these similar questions
Why are external documents considered more reliable evidence than internal documents? What aspects of internal documents would help to increase their reliability?
which of the following is correct about the appropriateness of evidence? A. Audit evidence from external sources is more relevant than evidence generated internallyB. Audit evidence is more persuasive when items of evidence from different sources or of different nature are not consistentC. Audit evidence generated internally is more reliable when the related accounting and internal control systems are effectiveD. Sufficiency refers to the amount of evidence needed
Why is it necessary to obtain corroborating evidence for inquiry and for observation?

Chapter 6 Solutions

ACP AUDITING - RISK BASED APPROACH

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