Question 1

Which of the following is not a type of internal documentation?

Accepted Answer

A) Legal documents. 
B) Business documents. 
C) Third-party documents. 
D) Accounting documents.

Question 2

Inspection of tangible assets generally provides reliable evidence with the respect to the completeness of the assets,but not necessarily about the existence of the assets.

Accepted Answer

A) True 
 B)False

Question 3

Inquiries of client personnel are not an effective means of evidence gathering by an auditor.

Accepted Answer

A) True 
 B)False

Question 4

The direction of testing from the source documents to recorded amounts provides evidence regarding the completeness of liabilities and expenses.

Accepted Answer

A) True 
 B)False

Question 5

Vouching of transactions deals with which of the following?

Accepted Answer

A) Testing forward. 
B) Testing backward. 
C) Testing at a point in time. 
D) Directional testing either forward or backward.

Question 6

The direction of testing from recorded amounts toward supporting documentation provides evidence as to existence of assets and revenues.

Accepted Answer

A) True 
 B)False

Question 7

Reliability of audit evidence

Accepted Answer

The answer of Reliability of audit evidence...

Question 8

Which of the following is an example of inspection of documentation?

Accepted Answer

A) Review shipping documents. 
B) Estimate the expected amount of interest income. 
C) Observe controls. 
D) Recalculate the total amount include on a sales invoice.

Exam 6: A Framework for Audit Evidence

Which of the following is not a type of internal documentation?

Inspection of tangible assets generally provides reliable evidence with the respect to the completeness of the assets,but not necessarily about the existence of the assets.

Inquiries of client personnel are not an effective means of evidence gathering by an auditor.

The direction of testing from the source documents to recorded amounts provides evidence regarding the completeness of liabilities and expenses.

Vouching of transactions deals with which of the following?

The direction of testing from recorded amounts toward supporting documentation provides evidence as to existence of assets and revenues.

Reliability of audit evidence

Which of the following is an example of inspection of documentation?