Multiple Choice
Rank the following forms of audit evidence from most to least reliable: observation,inquiry,confirmation,and external-internal documentation
A) External-internal documentation,observation,confirmation,and inquiry.
B) Confirmation,external-internal documentation,observation,and inquiry.
C) External-internal documentation,confirmation,inquiry,and observation.
D) Confirmation,internal-external documentation,inquiry,and observation.
Correct Answer:
Verified
Correct Answer:
Verified
Q11: An important planning decision made by the
Q12: The audit procedure "vouch a sample of
Q13: Using audit software to re-compute the amount
Q14: Evidence that does not relate to one
Q15: You are using analytical procedures to verify
Q17: Spoken and written representations given by the
Q18: Working papers that meet the requirements of
Q19: For good form,each audit evidence paper should
Q20: GAAS requires the auditor to gather "sufficient,appropriate
Q21: Which of the following items would most