Inquiry and observation are applicable to gather evidence about a policy or procedures that does not provide documentary evidence.   TRUE OR FALSE? WHY?

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
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Inquiry and observation are applicable to gather evidence about a policy or procedures that does not provide documentary evidence.  

TRUE OR FALSE? WHY?

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