Auditing McqsMCQ: Which of the following statements is, generally, correct about the reliability of audit evidence? Show
Releted QuestionsAuditing McqsMCQ: Which of these are types of Audit Report?
E MCQ: You have been proposed as auditor of a company. What is the first step that you should take?
A MCQ: Which one of the following may auditors NOT perform for their client?
A MCQ: Which of the following are fundamental ethical principles for professional accountants?
B MCQ: An auditor should not accept a loan on favourable commercial terms from an audit client because of the threat to his or her independence. The threat would be a___________?
A Multiple Choice Questions and Answers
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Q: belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:5| Question number:5.19 Ibrahimhamm 2022-06-27 | 6 0 Which of the following statements concerning audit evidence is correct?
Accounting, textbook solutions, MCQ Questions, Accounting textbook-solutions, Accounting MCQ-questions, login and add your own answer to this question All AnswersIbrahimhamm 2022-06-27 b. The measure of the reliability of audit evidence lies in the auditor's judgment. total answers (1) Similar questions
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Which of the following is the most reliable audit evidence?Audit evidence obtained directly by the auditor (for example, observation of the application of a control) is more reliable than audit evidence obtained indirectly or by inference (for example, inquiry about the application of a control).
What are the factors that influence the reliability of audit evidence?Factors that highly affect the reliability of audit evidence are: Source ; Source is evaluated based on its provider's independence, objectivity, internal control's strength and etc. Verifiability ; Such as Official Receipts with OR number, Particulars, date and company name and etc.
Which of the following factors is most important in determining the appropriations of audit evidence?The independence of the source of evidence.
Which of the following types of audit evidence is the least persuasive?Audit evidence can come in different forms with different degrees of persuasiveness. Which of the following is the least persuasive type of evidence? Pre-numbered sales invoices.
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