Multiple Choice
To be considered reliable evidence,confirmations must be controlled by which of the following parties?
A) A client employee responsible for accounts receivable.
B) An external auditor.
C) A client's internal audit department.
D) A client's controller or CFO.
Correct Answer:
Verified
Correct Answer:
Verified
Q39: The auditor's concern for potential fraud in
Q40: The auditor normally considers both underlying accounting
Q41: Tracing is a process that helps establish
Q42: Internal documentation is generally less reliable than
Q43: Which of the following is not a
Q45: The reliability of audit evidence relates to
Q46: Internal and external documentation Distinguish between internal
Q47: The direction of testing from recorded amounts
Q48: The relevance of audit evidence depends on
Q49: Appropriateness of Audit Evidence Why is the