An engagement checklist is prepared to assist the auditor in drawing final conclusions about the adequacy of the audit evidence.

Question

Quizplus · Accepted Answer

An engagement checklist is a tool used by auditors to ensure they have obtained sufficient and appropriate audit evidence and have completed all required procedures. It is used to assist in drawing final conclusions about the adequacy of the evidence obtained. Thus, the given statement is true.

An Engagement Checklist Is Prepared to Assist the Auditor in Drawing