The following statements are correct with regards to audit documentation EXCEPT: Multiple Choice It demonstrate how the audit complied with auditing and related professional practice standards. It support the basis for the auditor's conclusions concerning every material financial statement assertion. It demonstrate that the underlying accounting records agreed or reconciled with the financial statements. The quantity, type, and content of audit documentation are not matters of the auditor's professional judgment.

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The statement that is NOT correct with regards to audit documentation is The ... View the full answer