True/False
The reperformance procedure is not used often because of the time it takes to reperform; however, it is a useful tool when highly reliable evidence is sought.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: Describe what rule making bodies are and
Q31: The Public Company Accounting Oversight Board has
Q32: When auditors are judging materiality, they are
Q33: In what year was the Securities and
Q34: All auditors are regulated by the SEC
Q36: On every audit, the auditor is required
Q37: There are no standard setting boards for
Q38: The Public Company Accounting Oversight Board was
Q39: An unqualified report means that the auditor
Q40: What are the seven evidence gathering procedures?