Which of the Following Statements Concerning Evidence Is Correct

question 45

Multiple Choice

Which of the following statements concerning evidence is correct?

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

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Definitions:

Keystone Species

A species that has a disproportionately large effect on its ecosystem, influencing the types and numbers of other species in a community.

Sea Stars

Sea stars, also known as starfish, are marine invertebrates belonging to the class Asteroidea, known for their radial symmetry and a body plan consisting of a central disc from which arms (or rays) extend.

Intertidal Zone

The area of the shoreline that is exposed to the air at low tide and submerged under water at high tide, home to diverse organisms.

Mussels

Aquatic mollusks with a bivalve shell, widely consumed as seafood, and known for their role in aquatic ecosystems as filter feeders.