Which of the Following Presumptions Does Not Relate to the Appropriateness

question 9

Multiple Choice

Which of the following presumptions does not relate to the appropriateness of audit evidence?

• A)The more effective the internal control system, the more assurance it provides about the accounting data and financial statements.
• B)An auditor's opinion, to be economically useful, is formed within a reasonable time and based on evidence obtained at a reasonable cost.
• C)Evidence obtained from independent sources outside the entity is more reliable than evidence secured solely within the entity.
• D)The independent auditor's direct personal knowledge, obtained through observation and inspection, is more persuasive than information obtained indirectly.

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Definitions:

Suffrage

The right to vote in public elections.

Opinion Leaders

High-profile individuals whose interpretation of events influences the public.

Political Information

Information related to the activities associated with the governance of a country or area, especially the debate between parties having power.

Voting Habits

Patterns or regularities in how individuals choose to vote, often influenced by demographic factors, party identification, and political beliefs.