The Following Statements Were Made in a Discussion of Audit

question 69

Multiple Choice

The following statements were made in a discussion of audit evidence between two CPAs.Which statement is not valid concerning audit evidence?

• A) "I am seldom convinced beyond all doubt with respect to all aspects of the statements being examined."
• B) "I would not undertake that procedure because at best the results would only be persuasive and I'm looking for convincing evidence."
• C) "I evaluate the degree of risk involved in deciding the kind of evidence I will gather."
• D) "I evaluate the usefulness of the evidence I can obtain against the cost of obtaining it."

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Definitions:

Laid-Back Colleagues

Coworkers who exhibit a relaxed, easygoing attitude towards work, potentially affecting team dynamics and productivity.

Dissatisfied

A state of feeling unhappy or not content with a situation, often leading to the desire for change or improvement.

Repressed Anger

Emotions of anger and frustration that are not expressed openly and are kept suppressed within an individual, potentially leading to psychological issues.

Work Addiction

An uncontrollable need to work incessantly, often at the expense of one’s health, personal relationships, and social functioning.