Multiple Choice
Which of the following is the least persuasive documentation in support of an auditor's opinion?
A) Schedules of details of physical inventory counts conducted by the client.
B) Notation of inferences drawn from ratios and trends.
C) Notation of appraisers' conclusions documented in the auditor's work papers.
D) Lists of negative confirmation requests for which the auditor received no response.
Correct Answer:
Verified
Correct Answer:
Verified
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Q30: Audit documents that record the procedures used
Q48: Your audit client is under intense pressure