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Questions and Answers
What does audit evidence include?
What does audit evidence include?
- Information in accounting records and corroborating information (correct)
- Audit program
- Audit opinion
- Audit risk
What is the purpose of obtaining audit evidence?
What is the purpose of obtaining audit evidence?
- To create an audit program
- To form an appropriate mix of tests of control and substantive procedures (correct)
- To finalize the audit opinion
- To assess audit risk
What should the auditor obtain to draw reasonable conclusions for the audit opinion?
What should the auditor obtain to draw reasonable conclusions for the audit opinion?
- Audit program details
- Sufficient appropriate audit evidence (correct)
- Audit opinion validation
- Audit risk assessment
Which of the following is part of audit evidence?
Which of the following is part of audit evidence?
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What comprises the information used by the auditor in arriving at the conclusion for the audit opinion?
What comprises the information used by the auditor in arriving at the conclusion for the audit opinion?
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