The Responsibility of Ensuring Sufficient Appropriate Audit Evidence Is Gathered

question 45

Multiple Choice

The responsibility of ensuring sufficient appropriate audit evidence is gathered to arrive at an opinion is ________.

• A)the responsibility of the auditor
• B)the responsibility of management
• C)a joint responsibility between management and the auditor
• D)a function of internal control

---

Definitions:

Earnings

The amount of profit that a company generates over a specific period, typically reported as net income after taxes.

Legal Advice

Professional counsel regarding the law, provided by a licensed attorney, often relating to specific legal rights, responsibilities, or the legal implications of certain actions.

Internet

A global network of computers that provides a wide range of information and communication facilities, including the world wide web.

Accurate

Free from errors or mistakes, precisely correct in terms of details or measurements.