Which of the Following Statements Regarding Audit Evidence Is Generally

question 48

Multiple Choice

Which of the following statements regarding audit evidence is generally correct?

• A)The auditor's direct personal knowledge,obtained through observation and inspection,is more persuasive than information obtained indirectly from independent outside sources.
• B)To be appropriate,audit evidence must be sufficient.
• C)Accounting data alone may be considered sufficient appropriate audit evidence to issue an unqualified opinion on financial statements.
• D)Appropriateness of audit evidence refers to the amount of corroborative evidence to be obtained.

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Definitions:

Storming Stage

A phase in group development characterized by conflict and competition as members assert their opinions and vie for positions within the group.

Resistance

Opposition to change, often stemming from fear, discomfort, or perceived threats to status or autonomy.

Approach Taken

The specific method or strategy employed to tackle a problem or achieve a goal.

Teamwork

The collaborative effort of a group to achieve a common goal or complete a task in the most effective and efficient way.