[Solved] Which of the following statements is, generally, correct about the reliability of audit evidence?

McqMate

Q.	Which of the following statements is, generally, correct about the reliability of audit evidence?
A.	To be reliable, evidence should conclusive rather than persuasive
B.	Effective internal control system provides reliable audit evidence
C.	Evidence obtained from outside sources routed through the client
D.	All are correct.
Answer» B. Effective internal control system provides reliable audit evidence

2.8k

0

Do you find this helpful?

21

View all MCQs in

Discussion

No comments yet

Related MCQs

This kind of audit is conducted generally between two annual audit ______.
In an audit of financial statements, substantive tests are audit procedures that __
Of the following, which is the least persuasive type of audit evidence?
Which of the following factors is most important in determining the appropriations of audit evidence?
Which audit out of the following would not be regarded as one audit for the purposes of section 224(IB)?
In case the auditor gives a disclaimer of opinion in the audit report which of the following paragraph(s) of a standard unqualified audit report are modified?
…...the audit risks… the materiality and ……the audit effort
For what minimum period should audit working papers be retained by audit firm?
Before the work of audit is commenced, the auditor plans out the whole of audit work is called _________.
Before the work of audit is commenced, the auditor plans out the whole of audit work is known as –