The extent of audit evidence is related 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 extent of audit evidence refers to the quantity of evidence that needs to be gathered, which is determined by the amount of evidence required during internal control testing or the sample size necessary for substantive tests of balances and transactions.

The Extent of Audit Evidence Is Related to