Which of the Following Statements Regarding the Relevance of Evidence

question 40

Multiple Choice

Which of the following statements regarding the relevance of evidence is correct?

• A) To be relevant, evidence must pertain to the audit objective of the evidence.
• B) To be relevant, evidence must be persuasive.
• C) To be relevant, evidence must relate to multiple audit objectives.
• D) To be relevant, evidence must be derived from a system including effective internal controls.

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Definitions:

Limited Partnership

A partnership arrangement where some partners have limited liability for the debts of the business, contributing only to the extent of their investment.

RULPA

The Revised Uniform Limited Partnership Act (RULPA) is a set of rules created to govern the formation, operation, and dissolution of limited partnerships, aiming to provide a consistent framework across states that adopt it.

Deceptively Similar

Pertaining to two or more items or elements so closely resembling each other that it may mislead or cause confusion.

Natural Person

A natural person is a human being, legally recognized as an individual capable of rights and obligations, as opposed to a legal entity like a corporation.