Which of the Following Statements Is Generally Correct About the Appropriateness

question 48

Multiple Choice

Which of the following statements is generally correct about the appropriateness of audit evidence?

• A)Auditors' direct personal knowledge, obtained through observation and inspection, is of higher quality than information obtained indirectly from independent outside sources.
• B)To be reliable, audit evidence must be either valid or relevant, but need not be both.
• C)Client accounting data alone may be considered sufficient appropriate audit evidence to issue an unmodified opinion on client financial statements.
• D)Appropriateness of audit evidence refers to the amount of corroborative evidence to be obtained.

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Definitions:

Interviews

A process in which an interviewer asks questions to a candidate to assess their suitability for a job, scholarship, or other opportunities.

Power Distance

A cultural dimension that reflects the degree to which individuals in a society accept and expect power to be distributed unequally.

Seniority

The concept of preferring individuals for certain privileges, positions, or responsibilities based on their length of service or experience in a particular organization or profession.

Collectivism

A cultural or social perspective that emphasizes the priority of group needs over individual desires.