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Question 44 Not yet answered Marked out of 1.00 P Flag question One essential of a good audit evidence which can also be regarded as a limitation when the auditor is drawing his conclusions is: O a. The audit is not an official investigation into alleged wrongdoings O b. The auditor's opinion is mostly persuasive rather than conclusive c. The occurrence of non-compliance with laws and regulations is always intentional O d. Management do not provide complete information to the auditors intentionally Which of the following statements relating to accounting and auditing is incorrect? i. Accounting covers all transactions, records and statements ii. Auditing reports are first submitted to the management of the organization for approval iii. Auditing is generally carried out by an external person or an independent agency iv. Auditing is necessary for all organizations to conduct their day-to-day operations a. i and iii b. ii and iii O c. ii and iv O d. i and ii Question 46 Not yet answered Marked out of 1.00 Flag question Which of the following is not included in the steps to evaluate the internal control system? a. Interview Management o b. Interview Owners Oc. Interview Employees d. Interview Customers