Phase III of the audit primarily relies on which type/s of audit evidence?
A) Physical examination
B) Documentation
C) Analytical procedures
D) All of the above

Question

Quizplus · Accepted Answer

Phase III of the audit primarily relies on all types of audit evidence, including physical examination, documentation, and analytical procedures. This phase involves gathering sufficient evidence to support the auditor's opinion and ensure that the financial statements are free from material misstatements. Therefore, all of the above choices are important in providing the necessary evidence for Phase III of the audit.

Phase III of the Audit Primarily Relies on Which Type/s