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:

Focal Person

An individual who is the center of attention or the main subject of study in a particular research or discussion.

Kindreds

Networks of relatives extended beyond the immediate family, including all individuals related by blood, marriage, or adoption.

EGO

In kinship terminology, the central person from whom the degree of each relationship is traced.

Same Relatives

Family members who are related to an individual by blood or marriage, emphasizing the repetition or commonality of familial connections.