Multiple Choice
An auditor selects a sample of items recorded and traces them back to the supporting documentation.This is an example of which of the following?
A) Directional testing for existence.
B) Directional testing for completeness.
C) Direct testing for valuation.
D) Direct testing for rights.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Vouching recorded transactions involves taking a sample
Q24: A date at which audit evidence is
Q25: Which of the following assertions is the
Q26: While inspecting documents,the reliability depends on the
Q27: The reliability of audit evidence is a
Q29: The greatest risk of recording transactions in
Q30: Recalculations of the client's computations would not
Q31: The processes used by management in developing
Q32: Which of the following is not a
Q33: Appropriateness of evidence is a measure of