Which of the Following Is Generally True About the Sufficiency

question 3

Multiple Choice

Which of the following is generally true about the sufficiency of audit evidence?

• A)The amount of evidence that is sufficient varies directly with the acceptable risk of material misstatement.
• B)The amount of evidence concerning a particular account varies inversely with the materiality of the account.
• C)The amount of evidence concerning a particular account varies inversely with the inherent risk of the account.
• D)When evidence is appropriate with respect to an account it is also sufficient.

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Definitions:

Self-righting

Self-righting refers to the innate capacity of humans and animals to recover from adversity or disruption and return to a state of equilibrium or normal functioning.

Head-sparing

A biological mechanism that prioritizes the growth and development of the brain over other body parts in situations of malnutrition or stress.

Neural Connections

The links between neurons in the brain that allow for the transfer of information and are essential for processes like learning, memory, and perception.

Rupture

In psychology, refers to a break or disruption in the therapeutic alliance between a therapist and client, which requires repair to continue effective therapy.