Question: View Policies Current Attempt in Progress. Stella and Tony, two relatively inexperienced audit staff associates are discussing audit evidence in a meeting. Stella and

View Policies Current Attempt in Progress. Stella and Tony, two relatively inexperienced

View Policies Current Attempt in Progress. Stella and Tony, two relatively inexperienced audit staff associates are discussing audit evidence in a meeting. Stella and Tony are part of a team auditing a large audit client. The audit manager running the meeting has advised the team that as part of gathering audit evidence, they should take reasonable steps to ensure the evidence is persuasive. Which of the following statements would most accurately describe the concept of persuasive audit evidence? O It is a matter of auditor judgment to determine when the quality and quantity of audit evidence is appropriate and sufficient. The auditor usually gathers less evidence when risk of material misstatement is higher. O There is generally an inverse relationship between the quality and quantity of audit evidence gathered, with more persuasive evidence being gathered if the risk of material misstatement is high. O Audit evidence is generally considered more persuasive if it is obtained independently by the external auditors, and then passed to management to review its authenticity and accuracy. O Evidence obtained through internal channels such as the client's management and the internal audit function are generally considered more persuasive.

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