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Didn't know it? Knew it? Embed Code - If you would like this activity on your web page, copy the script below and paste it into
your web page. Auditing - Chapters 1, 2, 3, 4, 5
What is appropriateness of audit evidence?Appropriateness is the measure of the quality of audit evidence, i.e., its relevance and reliability. To be appropriate, audit evidence must be both relevant and reliable in providing support for the conclusions on which the auditor's opinion is based.
Which of the following statements is generally correct about the appropriateness of audit evidence quizlet?Which of the following statements is generally correct about the appropriateness of audit evidence? The more effective the internal control, the more assurance it provides about the reliability of the accounting data and financial statements.
What are the 7 types of audit evidence?What Are the Types of Audit Evidence?. Physical examination. Auditors gather physical evidence to verify whether certain assets exist or to confirm the asset's condition. ... . Confirmations. ... . Documentary evidence. ... . Analytical procedures. ... . Oral evidence. ... . Accounting system. ... . Re-performance. ... . Observatory evidence.. Which of the following presumptions is correct about the reliability of audit evidence?Which of the following presumptions is correct about the reliability of audit evidence? Effective internal control provides more assurance about the reliability of audit evidence.
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