Evidence Is Important to the Audit Because the Only Way

question 53

Multiple Choice

Evidence is important to the audit because the only way the auditor can obtain reasonable assurance that the financial statements are prepared in accordance with the applicable financial reporting framework is

• A)when the auditor has sufficient appropriate evidence to reduce the risk of material misstatement to an acceptably low level
• B)when the auditor has sufficient appropriate evidence to provide reasonable assurance that the financial statements are fairly presented
• C)when the auditor has sufficient appropriate evidence to reduce audit risk to an acceptably low level
• D)when the auditor has sufficient appropriate evidence to reduce detection risk to an acceptably low level

---

Definitions:

Evolutionary Psychologist

A professional who studies the psychological adaptations of humans to the changing physical and social environment, particularly those that evolved to solve recurrent problems in human ancestral environments.

Gender Differences

The distinctions in characteristics, behaviors, and roles traditionally associated with being male or female in a society.

Cultural Arguments

Discussions or assertions that are based on the beliefs, values, practices, and norms of particular societies or groups.

Evolutionary Psychology

A theoretical approach in psychology that examines how evolutionary theory influences human thoughts, behaviors, and psychological traits.