Two Overriding Considerations Affect the Many Ways an Auditor Can

question 177

Multiple Choice

Two overriding considerations affect the many ways an auditor can accumulate evidence: 1. Sufficient appropriate evidence must be accumulated to meet the auditor's professional responsibility.
2) Cost of accumulating evidence should be minimized.
In evaluating these considerations

• A) the first is more important than the second.
• B) the second is more important than the first.
• C) they are equally important.
• D) it is impossible to prioritize them.

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Definitions:

Gandharans

People associated with Gandhara, an ancient region in the northwest of the Indian subcontinent, known for its distinctive style of Buddhist art.

Underworld Realms

Mythological or religious spaces considered to be the domain of the dead, ruled by specific deities and inhabited by spirits or supernatural entities, found in many cultures' beliefs.

Handscroll

A long, narrow scroll for displaying a series of scenes in East Asian art, viewed by unrolling from right to left.

Gu Kaizhi

A celebrated Chinese painter and poet of the Jin Dynasty, often considered the founder of classical Chinese landscape painting, known for works like "The Admonitions Scroll."