True/False
An auditor should re-perform calculations on a random basis to check for accuracy.Usually,if one component has been calculated properly,the auditor can rely that the other components have also been computed properly.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: Since audit papers are the property of
Q30: Identify the three main types of audit
Q31: One example of a formal authoritative document
Q32: An auditor selects audit procedures that will
Q33: The audit program prepared by the independent
Q35: Control tests give direct evidence about the
Q36: Contrast the qualitative aspects of evidence in
Q37: A first-time audit requires more work than
Q38: Prior year audit working papers may indicate
Q39: A key determinant of the objectivity of