Which of the following statements regarding audit evidence is generally correct? The auditor's direct personal knowledge, obtained through observation and inspection, is more persuasive than information indirectly fro m independent outide sources, To be appropriate, audit evidence must be sufficient, Accounting data alone may be considered sufficient appropriate audit evidence to issue an unqualified opinion on financial statements, Appropriateness of audit evidence refers to the amount of corrobrative evidence to be obtaine
Which of the following statements regarding audit evidence is generally correct? The auditor's direct personal knowledge, obtained through observation and inspection, is more persuasive than information indirectly fro m independent outide sources, To be appropriate, audit evidence must be sufficient, Accounting data alone may be considered sufficient appropriate audit evidence to issue an unqualified opinion on financial statements, Appropriateness of audit evidence refers to the amount of corrobrative evidence to be obtaine
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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Which of the following statements regarding audit evidence is generally correct? The auditor's direct personal knowledge, obtained through observation and inspection, is more persuasive than information indirectly fro m independent outide sources, To be appropriate, audit evidence must be sufficient, Accounting data alone may be considered sufficient appropriate audit evidence to issue an unqualified opinion on financial statements, Appropriateness of audit evidence refers to the amount of corrobrative evidence to be obtained
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