Which of the following is an essential factor in evaluating the sufficiency of evidence? The evidence must:
A) be well documented and cross-referenced in the audit documents.
B) be based on sources that are considered reliable.
C) bear a direct relationship to the audit objective.
D) be of a quantity to enable the auditor to form an opinion.
Correct Answer:
Verified
Q10: Vouching is used primarily to test which
Q22: Evidence is reliable if it:
A)signals the true
Q33: Auditors can eliminate engagement risk:
A)under no circumstances.
B)by
Q35: To be appropriate, evidence must be both:
A)reliable
Q36: Most of the independent auditor's work in
Q39: In a financial report audit, substantive tests
Q44: Which of the following would be least
Q45: All of the following are substantive tests
Q48: Engagement risk is:
A)the risk of issuing an
Q54: The extent of substantive tests for an
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