Least persuasive type of audit evidence

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August undefined, 2024

NettetOf the following, which is the least persuasive type of audit evidence? A. Bank statements obtained from the client. B. Documents obtained by auditor from third … NettetAudit evidence can come in different forms with different degrees of persuasiveness. Which of the following is the least persuasive type of evidence? A. Documents mailed by outsiders to the auditor. B. Correspondence between the auditor and suppliers. C. Sales invoices inspected by the auditor. D.

Auditing Theory 105 1st Long Test and - Studocu

NettetAnswer: B Difficulty: 1 Easy Topic: The Concepts of Audit Evidence Learning Objective: 05-03 Learn the basic concepts of audit evidence. Bloom's: Understand AACSB: Analytical Thinking AICPA: BB Critical Thinking; FN Measurement. Of the following, which is the least reliable type of audit evidence? A) Documents mailed by outsiders to the … NettetA) To be reliable, evidence should be convincing rather than simply persuasive. B) Information obtained directly from outside sources is considered to be the most reliable type of evidence. C) An effective internal control system provides increased assurance with regard to the reliability of audit evidence. D) Reliability generally refers to ... person who loves watching movies

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NettetView Assignment - Lecturer_10_slides (1).pptx from FIN 28340 at Bloomfield Hills High School. Review the Basic Audit Terms A Latin word AUDIRE Primary object of an audit Verification Audit is. Expert Help. Study Resources. Log in Join. ... Type. Assignment. Uploaded By SuperHumanFinch3190. Nettet05_aren_aud14c_tb.doc. Vera Demers. 8) The auditor's decisions regarding evidence accumulation can be broken into various decisions. One decision relates to determining the nature of the audit procedure to be used to collect the evidence; i.e., "which audit procedures to use." Identify and discuss the remaining audit evidence decisions that … NettetOf the following, which is the least persuasive type of audit evidence? A. Bank statements obtained from the client B. Documents obtained by auditor from third parties … person who makes and produces maps

Of the following, which is the least persuasive type of audit …

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Nettet7. okt. 2024 · provide more persuasive audit evidence. The amount of evidence needed also depends on the purpose of the audit procedure – substantive procedures and tests of controls, for example, involve obtaining more persuasive evidence than risk assessment procedures.1 However, obtaining more of the same type of audit evidence cannot Nettet14. feb. 2024 · c 1. Of the following, which is the least persuasive type of audit evidence? a. Documents mailed by outsiders to the auditor. b. Correspondence between auditor … stanford hospital pediatric emergency roomNettetb. Appropriate audit evidence refers to the amount of evidence obtained. c. Information obtained indirectly from independent outside sources is more persuasive than the … stanford hospital physical therapy

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Least persuasive type of audit evidence

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NettetWhich of the following items would be the least persuasive type of audit evidence? A. A letter of representation signed by the client's president and chief executive officer. B. A … Nettet11. Types of Controls in an Automated Environment d) All of above 12. While verifying intangible assets, an auditor would recompute amortization charges and determine whether amortization period is reasonable. The auditor tries to establish by doing it a) Valuation 13. Which of the following is the least persuasive type of audit evidence?

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Nettet9. jul. 2024 · Please enjoy this excerpt from Professor James Crockett’s self-study book entitled The Audit Risk Formula available here on YellowBook-CPE for 3.5 hours of CPE credit. In this chapter, he discusses types of audit evidence. There are several different lists of types of audit evidence contained in the audit literature. NettetQUESTION 11 Of the following, which is the least persuasive type of audit evidence? O A. Documents mailed by outsiders to the auditor O B. Correspondence between the …

NettetAll of these. A. Scanning . Audit evidence refers to the evidence which is obtained during a financial audit by auditors. Scanning is considered as an audit evidence's example … NettetSufficient audit evidence is evidence that is adequate to support the auditor’s opinion on the financial statements. A matter of audit judgment, sufficiency is usually based on …

Nettet22. jan. 2015 · Evidence obtained from independent sources outside the entity is more reliable than evidence secured solely within the entity. The independent auditor's … NettetStudy with Quizlet and memorize flashcards containing terms like Which of the following types of documentary evidence should the auditor consider to be the most reliable? …

Netteta. The number of documents examined b. The quality of internal controls surrounding client- generated documents c. The experience of the audit staff member performing the test d. The cost of obtaining the evidence. Of the following, which is the least persuasive type of audit evidence? a. Documents mailed by outsiders to the auditor. b.

NettetOf the following, which is the least persuasive type of audit evidence? A. Bank statements obtained from the client. B. Documents obtained by auditor from third parties directly. C. Carbon copies of sales invoices inspected by the auditor. D. Computations made by the auditor. Medium. Open in App. Solution. stanford hospital pediatric jennifer everhartNettetWhich of the following types of documentary evidence should the auditor consider to be the most. Expert Help. Study Resources. Log in Join. University of Minnesota, Duluth. ACCOUNTING. ACCOUNTING 4101. CH - Ch 7 M C.pdf - Chapter 7 M/C 7-23 a. Which of the following types of documentary evidence should the auditor consider to be the … stanford hospital radiology schedulingNettetAudit Ch 5. 5.0 (2 reviews) Term. 1 / 69. A confirmation is used to. A. Verify the inventory count is correct. B. Verify that a control is being observed. C. Verify a representation … stanford hospital orthopedic surgeryNettet10. mar. 2024 · 23. Of the following, which is the least persuasive type of audit evidence? A. Bank statements obtained from the client. B. Documents obtained by auditor from third parties directly. C. Carbon copies of sales invoices inspected by the auditor. D. Computations made by the auditor. Answer: Carbon copies of sales … stanford hospital sioux falls sdNettet29. mai 2024 · What are the 8 types of audit evidence? Types of Audit Evidence. Physical examination. Physical examination consists of auditors physically verifying the existence of various assets. … Confirmations. … Documentary evidence. … Analytical procedures. … Oral evidence. … Accounting system. … Reperformance. … stanford hospital radiology departmentNettetWhich of the following types of audit evidence is the least persuasive? a. Prenumbered purchase order forms. b. Bank statements obtained from the client. c. Test counts of inventory performed by the auditor. d. Correspondence from … person who loves to learnNettetOf the following, which is the least persuasive type of audit evidence? A. Bank statements obtained from the client. B. Documents obtained by auditor from third … person who makes a will crossword clue