Which Type of Audit Evidence Can the Auditor Use in Support

question 66

Multiple Choice

Which type of audit evidence can the auditor use in support of the 'ownership of noncurrent assets' audit objective?

• A) examine invoice from vendor
• B) examine title for ownership of asset
• C) physical examination
• D) direct confirmation with vendor

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Definitions:

Lecture

An educational talk to an audience, especially to students in a university or college.

Transparency

The practice of being open, honest, and straightforward about various aspects of a company's operations, decisions, and information.

Plagiarism

The act of using someone else's work or ideas without proper attribution, presenting them as one's own.

Misquoted

Incorrectly reporting the words of someone, often changing the meaning or context of the original statement.