Which of the Following Statements Is Generally Correct About the Appropriateness

question 42

Multiple Choice

Which of the following statements is generally correct about the appropriateness of audit evidence?

• A)The more effective the internal control, the more assurance it provides about the reliability of the accounting data and financial statements.
• B)Appropriateness of audit evidence refers to the amount of corroborative evidence obtained.
• C)Information obtained indirectly from independent outside sources is more persuasive than the auditor's direct personal knowledge obtained through observation and inspection.
• D)Appropriateness of audit evidence refers only to audit evidence obtained from outside the entity.

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Definitions:

Shallow Earthquakes

Earthquakes that occur at a depth of less than 70 kilometers below the Earth's surface.

Continental Collision

A geological process where two continental plates collide, typically resulting in the formation of mountain ranges.

Southeastern Asia

A subregion of Asia, located to the east of the Indian subcontinent and south of China, known for its diverse cultures, languages, and ecosystems.

Tibet

An autonomous region located in the southwestern part of China, known for its vast plateau, mountain ranges, and as the traditional homeland of the Tibetan people.