Which of the Following Statements Concerning Audit Evidence Is Correct

question 86

Multiple Choice

Which of the following statements concerning audit evidence is correct?

• A)Appropriate evidence supporting management's assertions should be convincing rather than persuasive.
• B)Effective internal controls contribute little to the reliability of the evidence created within the entity.
• C)The cost of obtaining evidence is not an important consideration to an auditor in deciding what evidence should be obtained.
• D)A company's accounting data cannot be considered sufficient audit evidence to support the financial statements.

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