Multiple Choice
Which of the following is the primary source for evidence to corroborate the existence of pending litigation?
A) vendor confirmations
B) disclosures in financial statements
C) management representation letters
D) attorney confirmations
Correct Answer:

Verified
Correct Answer:
Verified
Q8: The direction of testing from the source
Q21: The primary importance of the audit program
Q56: Auditors should mail third-party confirmations through the
Q87: Testimonial evidence concerns review of publicly available
Q88: Reprocessing of transactions helps establish that all
Q89: Empire Business Machines,Inc.(EBM)is audited by Flintstone and
Q93: Which one of the following original documents
Q94: Sufficient appropriate evidential matter<br>Discuss the source of
Q95: How would an auditor most likely test
Q99: Audit planning workpapers are prepared to support