The nature of the evidence refers to
A)the amount of evidence gathered during internal control testing or the sample size necessary for substantive tests of balances and transactions
B)whether the evidence collection is gathered at an interim basis or at year end
C)the purpose of the evidence and the specific audit procedure used to gather the evidence
D)the relationship between the evidence gathered and the transaction being tested

Question

Quizplus · Accepted Answer

The nature of the evidence refers to the purpose of the evidence and the specific audit procedure used to gather the evidence. This includes factors such as the source of the evidence, its form, and its reliability. The other choices refer to different aspects of evidence gathering but do not encompass the full meaning of the nature of evidence.

The Nature of the Evidence Refers to