5 Questions
What does audit evidence include?
Information in accounting records and corroborating information
What is the purpose of obtaining audit evidence?
To form an appropriate mix of tests of control and substantive procedures
What should the auditor obtain to draw reasonable conclusions for the audit opinion?
Sufficient appropriate audit evidence
Which of the following is part of audit evidence?
Corroborating information from other sources
What comprises the information used by the auditor in arriving at the conclusion for the audit opinion?
Audit evidence
Test your knowledge of audit evidence and documentation with this multiple-choice quiz. Explore the concepts of underlying accounting data, corroborating information, and the information used by auditors to form their conclusions.
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