Which of the following is generally true about the sufficiency of audit evidence? It considers most directly
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Question:
Which of the following is generally true about the sufficiency of audit evidence?
It considers most directly the relevance and the skepticism of the evidence.
It is affected by the auditor's assessment of the risks of material misstatement and the quality of the audit evidence obtained.
It is affected by the extent of audit evidence but not the nature and timing of audit evidence.
Its requirements are met when at least one form of confirming evidence exists.
Related Book For
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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