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  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 5: Audit Evidence and the Auditors Responsibility for Fraud Detection
  5. Question
    The Nature of Evidence Refers to the Purpose of the Evidence
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The Nature of Evidence Refers to the Purpose of the Evidence

Question 41

Question 41

True/False

The nature of evidence refers to the purpose of the evidence (internal control test or substantive test)and the specific audit procedure used to gather the evidence (inspection,observation,inquiry,confirmation,recalculation,reperformance,or analytical procedure).

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