Question: If audit evidence obtained from one source is inconsistent with that obtained from another, what is the required response? reduce materiality and performance materiality increase
If audit evidence obtained from one source is inconsistent with that obtained from another, what is the required response? reduce materiality and performance materiality increase sample sizes across all audit procedures which are responses to assessed risks determine whether modifications or additions to audit procedures are necessary communicate the inconsistency immediately to those charged with governance (where applicable)
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