Obtaining sufficient audit evidence about the sales revenues of a given company means that the auditor a.
Question:
Obtaining sufficient audit evidence about the sales revenues of a given company means that the auditor
a. Tested all sales transactions for the given period.
b. Tested more than 50% of the sales transactions for the given period.
c. Tested a reasonable sample of sales transactions for the given period.
d. Tested only the sales transactions with an amount higher than the performance materiality.
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Jehal Shah
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So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
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Related Book For
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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