menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 6: Audit Evidence
  5. Question
    A Limitation of Observation Is That Observing a Process on One
Solved

A Limitation of Observation Is That Observing a Process on One

Question 95

Question 95

True/False

A limitation of observation is that observing a process on one day does not necessarily indicate how the transactions were processed on a different day or over a relevant period of time.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q90: Liabilities and expenses are most often tested

Q91: Each of the audit procedures that an

Q92: Audit findings represent a summary of incorrect

Q93: Footing,cross-footing,and tests of extensions are examples of

Q94: Audit evidence consists of both information that

Q96: Some audit procedures may be performed prior

Q97: Sufficient evidence gathered by the auditor involves

Q98: Evidence can be directly or indirectly relevant

Q99: Audit planning workpapers are prepared to support

Q100: When using confirmations with outside parties,the auditor

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines