ACP AUDITING - RISK BASED APPROACH
ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
Question
Book Icon
Chapter 6, Problem 2TFQ
To determine

Introduction:

Sufficient evidence could be considered a measure of quantity of the audit evidence. The quality of the audit evidence as well as the risk of material misstatement assessed by the auditor is determining factors of the quantity of audit evidence required.

To Explain:

The validity of the notion that sufficient audit evidence is an indication of the quality of the evidence.

Blurred answer
Students have asked these similar questions
The two characteristics of the appropriateness of evidence are a. relevance and reliability. b. relevance and timeliness. c. relevance and accuracy. d. reliability and accuracy.
Why "objectivity of evidence" is "high" for "plhysical examination" evidence?
What is the relationship between Evidence and Detection Risk?

Chapter 6 Solutions

ACP AUDITING - RISK BASED APPROACH

Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Text book image
Auditing: A Risk Based-Approach to Conducting a Q...
Accounting
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:South-Western College Pub
Text book image
Business Its Legal Ethical & Global Environment
Accounting
ISBN:9781305224414
Author:JENNINGS
Publisher:Cengage
Text book image
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Text book image
Corporate Fin Focused Approach
Finance
ISBN:9781285660516
Author:EHRHARDT
Publisher:Cengage