d$.$ Evaluating posential financial interests heid by

$2\mathrm{.}30$ The priming purpose for obtaleing an understanding of the entity's environment $($including its internal control$)$ in a financial statement audit is

$2.$ To determine the nature, timing, and extent of substantive procedures to be performed.

b$.$ To make consulting suggestions to the encity's management.

c$.$ To obtain sufficient appropriate audit evidence to afford a reasonable basis for an opis fine on the financial statements.

d$.$ To determine whether the entity has changed any accounting principles.

$2\mathrm{.}31$ Ondinarily, what source of evidence showld least affect audit conclusions?

a$.$ External documentary evidence.

b$.$ Mopalry of management.

c$.$ Documentation prepared by the sadit tcam.

d$.$ Isquiry of entity legal counsel.

$2\mathrm{.}12$ The most reliable evidence regarding the existence of newly acquired computer equipment is

a$.$ Inquiry of management.

b$.$ Documentation prepared externally.

c$.$ Evaluation of the client's procedures.

d$.$ Physical observation.

$2\mathrm{.}33$ Which of the following procedures would provide the most reliable audit evidence?

a$.$ Inquiries of the client's internal audit staff.

b$.$ Inspection of prenumbered client purchase orders filed in the vouchers payable department.

c$.$ Thipection of vesdor sales lasolves received from client personnet.

d$.$ Inspection of bank statements obtained directly from the client's financial institution.

$2\mathrm{.}34$ Breaux