Multiple Choice
The audit team asks management for original documents related to sales contracts.Despite the team's persistence,management does not supply the documents for over two weeks.What should this audit team be most concerned with as it relates to these documents?
A) The need to complete the audit within a specified period of time.
B) Management's possible use of the time to fabricate the documents.
C) Discrepancies of the evidence.
D) Conflicting evidence.
Correct Answer:
Verified
Correct Answer:
Verified
Q33: Which of the following best describes professional
Q49: Who should the auditors first notify if
Q50: Which is not an example of the
Q53: The auditor must communicate significant audit adjustments
Q55: A common accounts receivable fraud is lapping.Which
Q62: An audit must be performed by persons
Q78: A board of directors that is actively
Q79: Management always uses journal entries to commit
Q90: Who is most often involved in perpetrating
Q103: According to professional audit standards,the audit team