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:

South Carolina

A state located in the southeastern region of the United States, known for its coastal cities, historical significance, and cultural heritage.

African-American Cultures

The rich and diverse cultural traditions and practices developed by African Americans, influenced by various historical, social, and political contexts.

European Elements

Represents aspects, traditions, or influences originating from European countries that have been incorporated into different cultures or societies.