In which of the following situations would observation not provide the most compelling audit evidence? a. Documentation of a production or accounting process. b. Analysis of the security of a storeroom or facility. c. Verification of the existence of production equipment. d. Identification of excess inventory
In which of the following situations would observation not provide the most compelling audit evidence? a. Documentation of a production or accounting process. b. Analysis of the security of a storeroom or facility. c. Verification of the existence of production equipment. d. Identification of excess inventory
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 28CYBK
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In which of the following situations would observation not provide the most compelling audit evidence?
a. Documentation of a production or accounting process.
b. Analysis of the security of a storeroom or facility.
c. Verification of the existence of production equipment.
d. Identification of excess inventory.
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