Evidence is important to the audit because the only way the auditor can obtain reasonable assurance that the financial statements are prepared in accordance with the applicable financial reporting framework is
A)when the auditor has sufficient appropriate evidence to reduce the risk of material misstatement to an acceptably low level
B)when the auditor has sufficient appropriate evidence to provide reasonable assurance that the financial statements are fairly presented
C)when the auditor has sufficient appropriate evidence to reduce audit risk to an acceptably low level
D)when the auditor has sufficient appropriate evidence to reduce detection risk to an acceptably low level

Question

Quizplus · Accepted Answer

The Answer of Evidence is important to the audit because the only way the auditor can obtain reasonable assurance that the financial statements are prepared in accordance with the applicable financial reporting framework is
A)when the auditor has sufficient appropriate evidence to reduce the risk of material misstatement to an acceptably low level
B)when the auditor has sufficient appropriate evidence to provide reasonable assurance that the financial statements are fairly presented
C)when the auditor has sufficient appropriate evidence to reduce audit risk to an acceptably low level
D)when the auditor has sufficient appropriate evidence to reduce detection risk to an acceptably low level

Evidence Is Important to the Audit Because the Only Way