Which one of the following forms of evidence would be LEAST persuasive in forming the auditor's opinion?
A) Responses to auditor's questions by the president and controller regarding the investments account
B) Minutes of the board of directors authorising the purchase of shares as an investment
C) The auditor's count of marketable securities
D) Correspondence with a stockbroker regarding the quantity of client's investments held by the broker
Correct Answer:
Verified
Q50: Traditionally, confirmations are used to verify:
A) individual
Q51: Which of the following statements is NOT
Q52: The evidence used by auditors is different
Q53: Which one of the following is not
Q54: Analytical procedures are referred to as 'attention-
Q56: If most companies in the industry use
Q57: When the auditor examines the client's documents
Q58: Appropriateness of audit evidence relates to:
A) persuasiveness
Q59: Evidence obtained directly by the auditor will
Q60: Which one of the following is NOT
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents