Multiple Choice
Which of the following statements is false?
A) Documentary evidence is more reliable than oral evidence.
B) Evidence, of which the auditor has direct personal knowledge, is the most reliable evidence.
C) Independent evidence obtained from external sources is more reliable than internal evidence.
D) Visual evidence is highly reliable for confirming the ownership of the assets and their value.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: These are Performed if the audit team
Q15: The risks identified from top down review
Q16: Which of the following is False?<br>A)A systematic
Q17: Analytical Procedures are unlikely to be used
Q18: If the financial statements properly present receipts
Q20: These are performed if the audit team
Q21: A material but not fundamental uncertainty would
Q22: Working papers should be restricted to matters,
Q23: The audit working papers contain<br>A)the details of
Q24: Which of the following statements is false?<br>A)Planning