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Author Question: Determine which of the following is themostcorrect statement regarding the reliability of audit evidence. (Read 42 times)

lauraleepop

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on: Aug 21, 2022

Question 1

Audit evidence obtained directly by the auditor will not be reliable if
◦ the auditor lacks the competence to evaluate the evidence.
◦ it is provided by the client's attorney.
◦ the client denies its veracity.
◦ it is impossible for the auditor to obtain additional corroboratory evidence.

Question 2

Determine which of the following is the most correct statement regarding the reliability of audit evidence.
◦ Information that is indirectly obtained from external sources is the most reliable audit evidence.
◦ Reliability of audit evidence is dependent upon the evidence being subjective.
◦ Reliability of evidence refers to the amount of evidence obtained.
◦ If internal controls are effective, evidence obtained is more reliable than when the controls are not effective.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by lauraleepop on Aug 21, 2022

ealonif

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lauraleepop

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

strudel15

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Reply 3 on: Yesterday
Excellent

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